Answer: the company should invest $12191 each week
Step-by-step explanation:
The amount that the company needs is $5,400,000
We would apply the periodic interest rate formula which is expressed as
P = a/[{(1+r)^n]-1}/{r(1+r)^n}]
Where
P represents the weekly payments.
a represents the amount that the company needs
r represents the rate.
n represents number of weekly payments. Therefore
a = 5,400000
There are 52 weeks in a year
r = 0.079/52 = 0.0015
n = 52 × 14 = 728
Therefore,
P = 5400000/[{(1+0.0015)^728]-1}/{0.0015(1+0.0015)^728}]
5400000/[{(1.0015)^728]-1}/{0.0015(1.0015)^728}]
P = 5400000/{2.98 -1}/[0.0015(2.98)]
P = 5400000/(1.98/0.00447)
P = 5400000/442.95
P = $12191
Answer:
See attached picture.
Step-by-step explanation:
The equation is in point slope form 
where m is the slope and 
is a point.
For the equation y-2 = 23(x+4), graph the point (-4,2). Then from this point count up 23 and over to the right 1.
This is the graph of the line.
Answer:
defined as the average value of the function over its domain
$88
Explanation:
Adults $12x5 = 60
Child $7x 4=28
60+28=88
Answer:
x = 9
Step-by-step explanation:
Solve for x:
x^2 - 18 x + 81 = 0
Write the left hand side as a square:
(x - 9)^2 = 0
Take the square root of both sides:
x - 9 = 0
Add 9 to both sides:
Answer: x = 9
