Answer: r= A-P/ Pt
Step-by-step explanation: ur welcome
9514 1404 393
Answer:
no
Step-by-step explanation:
The first step is to understand that the question is asking about the future value of series of payments. An appropriate formula is ...
P = A(n/r)((1 +r/n)^(nt) -1)
where P is the future value, A is the periodic payment made n times per year for t years. r is the annual interest rate.
The next step is to substitute the given values and do the arithmetic. Using the given values, we have ...
P = 250(12/0.056)((1 +0.056/12)^(12×2.5) -1) ≈ 8030.32
Shen will have accumulated about $8,030.32, which is not enough to meet his goal.
Answer:
6 gallons
Step-by-step explanation:
You can find this using the ration method.
If, 8 gallons : 192 miles
x gallons : 144 miles
We must find the value of x, which is the number of gallons used to travel 144 miles.
Cross multiply the ratios.
192 x = 8 × 144
192 x = 1152
x = 1152 ÷ 192
x = 6
∴ It takes 6 gallons to travel 144 miles.