What is 2 1/2 divided by 2 2/3
2 answers:
You might be interested in
Given:
Joining fee = $28
Fee of each event = $4
To find:
Total cost for someone to attend 4 events.
Solution:
Let the number of events be x and total fee be y.
Fee for 1 event = $4
Fee for x events = $4x
Joining fee remains constant. So, the total fee is
Substitute x=4 in this equation.
Therefore, total cost of 4 events is $44.
Answer:
The monthly payment is $262.95
Step-by-step explanation:
* Lets explain how to solve the problem
- Omar has decided to purchase an $11,000 car
- He plans on putting 20% down toward the purchase
* Lets find the value of the 20%
∵ The principal value is $11000
∴ the value of the 20% = 20/100 × 11000 = 2200
∴ He will put $2200 down
* Lets find the balance to be paid off on installments
∴ The balance = 11000 - 2200 = 8800
- He financing the rest at 4.8% interest rate for 3 years
* Lets find the rule of the monthly payment
∵ , where
- pmt is the monthly payment
- P = the investment amount
- r = the annual interest rate (decimal)
- n = the number of times that interest is compounded per unit t
- t = the time the money is invested or borrowed for
∵ P = 8800
∵ r = 4.8/100 = 0.048
∵ n = 12
∵ t = 3
∴
∴
* The monthly payment is $262.95