Based on the information, Christian would have $5525.5 of an annuity.
<h3>How to calculate the annuity?</h3>
According to the given information, the number of coffees per week is 3 then, per month is 3x4 = 12
Each coffee is $4.5. Then monthly expenditure for coffees is 12 x 4.5 = $54
Rate of interest r = 1.6% = 1.6/100 = 0.016 and for monthly compounding r = 0.016/12 = 0.00133
n = number of payments = 8 x 12 = 96
We can use the formula for finding the future value as below
FV = C x [ ( 1 + r )n-1 ] / ( r )
FV = 54 x [ ( 1 + 0.00133 )96 – 1 ] / (0.00133)
= 54 x [ (1.13609 - 1)] / (0.00133)
= 54 x 0.13609 / (0.00133)
= 54 x 102.3233
= 5525.5
Therefore Christian would have $5525.5 of the annuity.
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Gotta graph this one
Zeros are $.586 and $3.414 and the profit is zero when these are the prices
Maximum profit when the dogs are 2 bucks
Are you ok? do you want to talk about it babe?
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Answer:
- 30m +50 = 20m +100
- m = 5
- yes. symmetric property of equality.
Step-by-step explanation:
1. The expression for c in the first equation is (30m+50). Substituting that for c in the equation ...
c = 20m +100
gives you ...
30m +50 = 20m +100
__
2. Adding -50-20m to both sides gives ...
10m = 50
m = 5 . . . . . . . divide by 10
__
3. Doing the substitution in reverse, you would substitute (20m+100) for c in the equation ...
c = 30m +50
to get ...
20m +100 = 30m +50
This is the equation of part 1 with the expressions swapped to the other side of the equal sign. The symmetric property of equality tells you that changing sides of the equal sign does not change the value of the variable(s).
You get the same solution.
Answer:
3.33 or 3
Step-by-step explanation:
10 divided by 3 = 3.33 (it goes on) Or maybe you can't pour a third of a cup so maybe 3 or 4.
