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goldenfox [79]
3 years ago
5

Me Value of Money: Practice

Mathematics
1 answer:
Tatiana [17]3 years ago
3 0

Answer:

$3952.13

Step-by-step explanation:

Annuity amount = future value / annuity factor

Annuity factor = {[(1+r)^n] - 1} / r

FV = Future value = $75,000  

R = interest rate = 8%

N = number of years = 12

Annuity factor = [(1/08)^12 - 1 ] / 0.08 = 1.8977126

Annuity amount = $75,000 / 1.8977126 = $3952.13

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natta225 [31]

Answer:

The bus drives 84 miles

Step-by-step explanation:

The question relates to relationship between average speed and time

The given parameters are;

The time duration in which the bus drives = 3/2 hours = 1.5 hours

The average speed of the bus = 56 mph

The formula average speed is given as follows;

Average \ speed = \dfrac{The \ total \ distance \ driven}{The \ time \ duration \ of \ travel}

Therefore, we have;

The total distance driven = Average speed × The time duration of travel

The total distance driven = The distance the bus drives

Substituting the given values, gives;

The distance the bus drives = 56 miles/hour × 1.5 hours = 84 miles

The distance the bus drives = 84 miles.

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3 years ago
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vekshin1
Since the object is a cube, times 42 three times by itself. You have to do this because it is length x width x height. 42 x 42 x 42. The answer you're looking for is 74,088 cubic inches because it is three-dimensional.
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Find the values of x and y​
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Step-by-step explanation:

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Loretta’s income last year was $81,300. She made $56,800 at her salaried job and had additional passive income. If Loretta earne
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Answer:

The answer is $2041.67 approx.

Step-by-step explanation:

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3 years ago
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