Answer: Establish a national bank
Step-by-step explanation:
Answer:
$265.07
Step-by-step explanation:
The formula for the future value of an annuity is applicable.
A = P((1+r)^n-1)/r . . . . where r is the monthly interest rate and n is the number of months. P is the monthly payment, and A is the amount of the future value.
800 = P(1.006^3 -1)/(.006) = 3.018036P
P = 800/3.018036 ≈ 265.07
Sarafina's monthly payments need to be $265.07.
_____
This is about $1.60 less than the 266.67 she would deposit if she simply divided the desired balance by the number of months.
Because this number is rounded down, Sarafina will have a balance after 3 months of $799.99.
Answer:
x=104/8
Step-by-step explanation:
If there is 104 candies and 8 people when we divide 104 by 8 we can distribute 13 to each person
Answer:
25 and 17
Step-by-step explanation:
25+17=42
25-17=8
