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makvit [3.9K]
3 years ago
13

Juan sells 3 oranges for every 2 apples. How many apples should Juan expect to sell

Mathematics
1 answer:
Alla [95]3 years ago
6 0

Answer:10

Step-by-step explanation:

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Step-by-step explanation:

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Find the amount of each payment to be made into a sinking fund which earns 5% compounded quarterly and produces S47,000 at the e
Allushta [10]

Answer:

$8,355.555

Step-by-step explanation:

Hello,

This question relates to compound interest and to solve it, we'll need to use the right formula.

C.P = P(1 + r/n)^nt

C.P = compound interest

P = principal

R = rate

N = number of times compounded

T = time

C.P = $47,000

P = ?

R = 5% = 0.05

N = 4

T = 35 years

Substituting the variables into the equation,

47,000 = P (1 + 0.05 / 4) ^ (4 × 35)

47,000 = P (1.0125) ^ 140

47,000 = P × 5.625

Divide both sides by 5.625 and solve for P

P = 47,000 / 5.625

P = $8,355.555

The initial investment was $8,355.555

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3 years ago
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Answer:

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Step-by-step explanation:

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