Answer:
If an equation has one solution, what will the variable terms be
b. different
The amount she should invest today in the annuity is $455,450.40.
<h3>How much should be invested today?</h3>
The first step is to determine the future value of the monthly annuity.
Future value = monthly payment x annuity factor
Annuity factor = {[(1+r)^n] - 1} / r
Where:
- r = interest rate = 3.6/12 = 0.3%
- n = number of periods : 15 x 12 = 180
Future value : 3250 x [(1.003^180) - 1] / 0.003 = 774,171.92
The second step is to determine the present value of this future annuity:
774, 171.92 / (1.036^15) = $455,450.40
To learn more about annuities, please check: brainly.com/question/24108530
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Let’s make
P = Pamela
J = Jiri
J - 6 = P
P + J = 78
We can replace P with J - 6 because they are the same thing.
J - 6 + J = 78
2J - 6 = 78
2J = 84
J = 42
Jiri is 42 years old.
Hi!
<h3>To divide a fraction, you multiply by the reciprocal of the second fraction.
</h3><h3>First, convert the mixed numbers to fractions, by multiplying the denominator by the whole number and adding that to the numerator. </h3>
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2 * 7 = 14
14 + 1 = 15
15/7
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4 * 1 = 4
4 + 1 = 5
5/4
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<u>
</u>
<h2>The answer is 1 5/7 </h2>
Hope this helps! :)
-Peredhel
First, you want to set up a proportion.
8/24 = 10/y
Cross multiply to get
240 = 8y, then divide 8 from both sides to get y = 30.
