Answer:
Nominal interest rate is = 9% converible quaterly
we need to find monthy effective interest rate
0.09
i = 0.00744 or 0.75% approximately
i can also be taken as = 0.09/12
now PV of annuity will be the market price i.e x
6 60 *2 ---------------------a
Multiply equation by \frac{1}{1+i} both sides
6 60 2 PV ---------------b
Subtract equation b from a
60 2 PV (1 1+i (1+2)1 (1+2)2 (1+2)3 (1+2)60 (1+961
60 2 PV( 1 +i
on putting i = 0.00744
PV = 2733.88 approximately
X = 2733.88
Step-by-step explanation:
Answer:
x = -3
y = 9
Step-by-step explanation:
Add two equations up
4x + 5y - 9x - 5y = 33 - 18 add or subtract like terms
-5x = 15 divide both sides by -5
x = -3 we can use this information to find the value of y
4x + 5y = 33 replace x with -3
4 * (-3) + 5y = 33
-12 + 5y = 33 add 12 to both sides
5y = 45 divide both sides by 5
y = 9
Answer
given,
on first stop
number of car = 20 and number of trucks = 18
on second stop
number of car = 18 and number of trucks = 10
we need to calculate which rest stop has higher ratio of car to truck.
Rest Stop 1
ratio= r₁ =
r₁ =
r₁ =
Rest Stop 2
ratio= r₂ =
r₂ =
r₂=
hence, r₂ > r₁
rest stop 2 has more car to truck ratio than rest stop 1
Fourty Five and two hundred and three ten thousandths
Answer:
20x+63
Step-by-step explanation:
add all of the multiplying factors which increase at the same rate, in this case it is 7.00 a ticket and 13.00 for food per person, making it 20.00 per person. Then place your variable next to that to signal the solver they are multiplying them, finally adding the 63.00 because they only need one bus and it isn't multiplying by the number of people.
