Let the total amount that Sarah deposited be $x
using the annuity formula:
A=P[((1+r)^n-1)/r]
A=future value
r=rate
n=number of years
from the information given:
A=$500000
r=2.75%
n=65-42=23 years
p=$x
thus plugging our values in the formula we get:
500000=x[((1+0.0275)^(23)-1)/(0.0275)]
500000=31.50x
x=15,872.04883
She deposited 15,873.04883 per year
The monthly deposit will therefore be:
15873.04883/12=$1322.67
The answer is B) 1:6. If William has $1, Tim has 3 times as much, which means Tim has $3. Marie has 2 times as much as Tim which means she has $6. The ratio would be 1:6 William Marie.
53.65 gallons → B
Since the tanks are equal in size then to find the volume of 1 tank
divide the total by 12
one tank = 
= 53.65
