Given the formula for future value annuity:
FV of annuity=P[(1+r)^n-1]/r
where:
P=principle
r=rate
n=time
the time taken to repay the loan will be:
1500=90[(1+0.06)^n-1]/0.06
90=90[(1+0.06)^n-1]
1=(1+0.06)^n-1
1+1=(1+0.06)^n
2=1.06^n
introduce natural log
ln2=nln1.06
n=ln2/ln1.06
n=11.8957=12 years
the answer is 12 years.
Answer:, yes i do
Step-by-step explanation:
A) Let x = number of presale tickets
<span>y = number of day of show tickets </span>
<span>x + y =< 800 </span>
<span>6x + 9y >= 5000 </span>
<span>b) 6x + 9y >=5000 </span>
<span>6(440) + 9y >=5000 </span>
<span>y >= 262.2 </span>
<span>263 tickets </span>
<span>440 advance purchase tickets added to 263 day of show tickets is 703 tickets, which is below the 800 ticket maximum.</span>
Answer:
4 packages
Step-by-step explanation:
Since the store sells by 1/2 packages, we have to round 1.72 UP to 2.00. Then we multiply 1/2pound by 4= 2.00 pounds
i think its 107
Step-by-step explanation:
you multiply 11x7 then 6x5 then you add the answers from those