Answer:
×=3
Step-by-step explanation:
3× + × + 8 = 20
4×= 12
divide 4 with 12 and it will be 3
I think it's 7/24 of her savings will be spent on food.
9514 1404 393
Answer:
$4127
Step-by-step explanation:
The amortization formula is good for finding this value.
A = P(r/12)/(1 -(1 +r/12)^(-12t))
where P is the amount invested at rate r for t years.
A = $600,000(0.055/12)/(1 -(1 +0.055/12)^(-12·20)) = $4127.32
You will be able to withdraw $4127 monthly for 20 years.
Answer:
76%
Step-by-step explanation:
First do 700 - 168 which is 532
Next we see that 700 is 100% in this scenario
Then we will use the value we seek as ‘x’
So, x% = 532
We can put the two equations, 100%/x% = 700/532
they both have LHS
We can take the inverse from both sides yields
Therefore, the answer is 76%
Answer:
8.43 years
Step-by-step explanation:
Given data
Cost price P= $4995
Rate r= 10%
FInal amount A= $2150
The expression for the time/duration is given as
t= ln(A/p)/r
t= ln(2150/4995)/0.1
t= ln(0.430)/0.1
t= 0.843/0.1
t= 8.43
Hence the time it will take is 8.43 years