Answer: Option A
Step-by-step explanation:
If we have 5 cans of ketchup they cost $ 5.25. Then the unit price of cans is what each can costs individually.
The unit price should then be less than $ 5.25, and that is the price for 5 cans and we want to know the price for just one can of ketchup.
Then to calculate the price of each can divide the price of the 5 cans by 5.
Step-by-step explanation:
i = interest 3% for 30 years
This is a simple dynamical system for whom the the solutions are given as
putting values we get
S=2000[\frac{(1.03)^{30}-1}{0.03}](1.03)
= $98005.35
withdrawal of money takes place from one year after last payment
To determine the result we use the present value formula of an annuity date
we need to calculate R so putting the values and solving for R we get
R= $6542.2356