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lidiya [134]
3 years ago
10

After paying 13 dollars for the pie, Sally has 104 dollars left. How much money did she have before buying the pie?

Mathematics
2 answers:
alexdok [17]3 years ago
7 0

Answer:

$117

Step-by-step explanation:

$104 + $$13 = $117

SVETLANKA909090 [29]3 years ago
6 0

Answer:

she had $117 before buying the pie

Step-by-step explanation:

:)

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Answer:

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Step-by-step explanation:

<u>Compound Interest</u>

This is a well-know problem were we want to calculate the regular payment R needed to pay a principal P in n periods with a known rate of interest i.

The present value PV or the principal can be calculated with

P=F_a\cdot R

Solving for R

\displaystyle R=\frac{P}{F_a}

Where Fa is computed by

\displaystyle F_a=\frac{1-(1+i)^{-n}}{i}

We'll use the provided values but we need to convert them first to monthly payments

i=7\%=7/(12\cdot 100)=0.00583

n=3*12=36

\displaystyle F_a=\frac{1-(1+0.00583)^{-36}}{0.00583}

F_a=32.386

Thus, each payment is

\displaystyle R=\frac{4,700}{32.386}=145.12

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Answer:

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