Answer:
It is 11 and 4/7 I am pretty sure hope I helped!
Answer:
$95 per hour
Step-by-step explanation:
The total of charges is the sum of the cost of labor and the cost of parts. The cost of labor is the product of hours (5) and the cost per hour (x). Then the equation for total cost is ...
total cost = parts cost + hours cost
651 = 176 + 5x
475 = 5x . . . . . . . subtract 176
95 = x . . . . . . . . . divide by 5
The cost of labor per hour is $95.
The following formula is applicable;
A=P(1+r)^n
Where,
A = Total amount accrued after 10 years (this is the amount from which the yearly withdrawals will be made from for the 30 years after retirement)
P=Amount invested today
r= Annual compound interest for the 10 years before retirement
n= Number of years the investments will be made.
Therefore,
A= Yearly withdrawals*30 years = $25,000*30 = $750,000
r= 9% = 0.09
n= 10 years
P= A/{(1+r)^n} = 750,000/{(1+0.09)^10} = $316,808.11
Therefore, he should invest $316,808.11 today.
I’ll do an example problem, and I challenge you to do this on your own!
4x+6y=23
7y-8x=5
Solving for y in 4x+6y=23, we can separate the y by subtracting both sides by 4x (addition property of equality), resulting in 6y=23-4x. To make the y separate from everything else, we divide by 6, resulting in (23-4x)/6=y. To solve for x, we can do something similar - subtract 6y from both sides to get 23-6y=4x. Next, divide both sides by 4 to get (23-6y)/4=x.
Since we know that (23-4x)/6=y, we can plug that into 7y-8x=5, resulting in
7*(23-4x)/6-8x=5
= (161-28x)/6-8x
Multiplying both sides by 6, we get 161-28x-48x=30
= 161-76x
Subtracting 161 from both sides, we get -131=-76x. Next, we can divide both sides by -76 to separate the x and get x=131/76. Plugging that into 4x+6y=23, we get 4(131/76)+6y=23. Subtracting 4(131/76) from both sides, we get
6y=23-524/76. Lastly, we can divide both sides by 6 to get y=(23-524/76)/6
Good luck, and feel free to ask any questions!
