This is my work. Also 2/3 is a repeating decimal so it’s actually 0.6...
Answer: Planning because you need to start somewhere if you dont then you dont have any of the other steps
Good luck lovie :)
Answer:
<u>$71.33</u>
Step-by-step explanation:
An automobile warranty costing = $856
It is required to make 12 equal payments
So, we need to divide $856 over 12
So, the average payment = 856/12 = $71.33
Answer:
The balcony seat costs $9, the orchestra seat costs $9 + $6 = $15.
Step-by-step explanation:
Let x is the cost/price of one balcony seat, in dollars.
Then the cost of one orchestra seat is (x+6) dollars, according to the condtion.
The total cost of tickets is
250x + 400*(x+6) = 8250.
Simplify it step by step.
250x + 400x + 2400 = 8250,
650x = 8250 - 2400 = 5850 ====> x = 5850/650 = 9.
Answer. The balcony seat costs $9, the orchestra seat costs $9 + $6 = $15.
Check. 9*250 + 15*400 = 8250. Correct.
Based on the value of the annuity, the amount it earns, and the compounding period, the money paid to Nathan each month will be B. $5,840.62.
<h3>How much will Nathan be paid monthly?</h3>
The amount Nathan will be paid is an annuity because it is constant.
First find the monthly interest and the compounding period in months:
= 4.8/12 months
= 0.4%
Number of compounding periods:
= 20 x 12
= 240 months
The monthly payment is:
Present value of annuity = Annuity x ( 1 - (1 + rate) ^ -number of periods) / rate
900,000 = A x ( 1 - (1 + 0.4%)⁻²⁴⁰) / 0.375%
900,000 = A x 154.0932
A = 900,000 / 154.0932
= $5,840.62.
Find out more on the present value of an annuity at brainly.com/question/25792915.
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