Answer:
$468.09
Step-by-step explanation:
first we must calculate the expected future value of the engine overhaul:
($390 x 10%) + ($570 x 30%) + ($750 x 50%) + ($790 x 10%) = $39 + $171 + $375 + $79 = $664
now we must determine the present value of $664 using a 6% interest rate:
PV = FV / (1 + r)⁶ = $664 / 1.06⁶ = $468.09
Answer:
- Same final price, no difference
Step-by-step explanation:
Way 1, final price
<u>Apply discount and then apply tax</u>
- (50 - 20%) + 10% =
- 50*0.8*1.1 =
- $44
Way 2, final price
<u>Apply tax and then apply discount</u>
- (50 + 10%) - 20% =
- 50*1.1*0.8 =
- $44
As we see both ways reveal same final price so no difference
Answer:
7 /24 inch per hour
Step-by-step explanation:
To find the average amount of rain, take the total amount of rain and divide by the time
7 inches / 24 hours
7 /24 inch per hour
Basically, you keep going after you hit the decimal point.
<span>You have 60 cookies to divide among 16 grandchildren. </span>
<span>60 ÷ 16 = 3 with a remainder of 12 </span>
<span>To continue past the decimal point, multiply the remainder by 10 and divide it by your divisor. </span>
<span>12 ÷ 16 becomes 120 ÷ 16, and divided by 10 to put it in the first column past the decimal point. </span>
<span>120 ÷ 16 = 7, with a remainder of 8. </span>
<span>The first digit after the decimal point is 7. </span>
<span>Add another zero to the 8 to get 80 </span>
<span>80 ÷ 16 = 5, with no remainder. </span>
<span>The second digit after the decimal point is 7. </span>
<span>So the answer is 3.75 cookies per grandchild.</span>