Answer:
<em>In the second group the individual members received a larger fraction of the prize money</em>
Step-by-step explanation:
<u>Division by Sharing</u>
A certain amount M can be evenly split among n parties by performing a division M/n.
The first group of six friends earned $45 and they split it evenly, i.e. the same amount goes to each member. Each of them received $45/6= $7.50 apiece.
The second group of four friends won the second-place prize of $35 and they split it evenly also. Each member received $35/4=$8.75.
By comparing both numbers, we see that 8.75 is a bigger fraction of 35 that 7.50 is of 45. Each member from the second-place price will receive more money than the first group.
We can conclude in the second group the individual members received a larger fraction of the prize money
Y=-x+9 is the correct answer
Positive numbers are always greater than negative numbers
Answer:
s=5
Step-by-step explanation:
2s-4=6
add 4
2s=10
divide by 2
s=5
The Present value of an annuity is given by PV = P(1 - (1 + r/t)^-nt)/(r/t)
where: P is the monthly payment, r is the annual rate = 7% = 0.07, t is the number of periods in one year = 12 and n is the number of years = 3.
18,000 - 6,098 = P(1 - (1 + 0.07/12)^-(3 x 12)) / (0.07/12)
11,902 = P(1 - (1 + 0.07/12)^-36) / (0.07/12)
P = 0.07(11,902) / 12(1 - (1 + 0.07/12)^-36) = 367.50
Therefore, monthly payment = $367.50
