$1.29/(35 oz) = $0.043/oz
$1.20/(24 oz) = $0.05/oz
The 35-oz drink is a better buy.
Total earnings = 650 + 530 + 52 - 28 - 75 = $1129
Goal = $1100
Exceeded by = $1129 - $1110 = $9.
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Answer: The school exceed their goal by $9.
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First, we convert the interest such that it is compounded annually. The formula would be:
ieff = (1 + i/m)^m - 1
where m = 4, since there are 4 quarters in a year
ieff = (1 + 0.025/4)^4 - 1
ieff = 0.0252
Then we use this for this equation:
F = P(1 + i)^n, where F is the future worth, P is the present worth and n is the number of years
F = $600(1 + 0.0252)^15
F = $871.53
A. £549 376 / 4 = £137344 per word
B. £549 376 / 16 = £34336 per letter
C. £549 376 / 37 = £14848 per letter
D. £549 376 / 512 = £ 1073
