9514 1404 393
Answer:
$737,289
Step-by-step explanation:
The future value of an investment P invested at rate r per year compounded monthly for t years is ...
FV = P(1 +r/12)^(12·t)
We want to find P for the given future value, so we can solve for that:
P = FV/(1 +r/12)^(12·t) = FV(1 +r/12)^(-12·t)
P = $2,000,000(1 +.05/12)^(-240) = $737,289
Mr. Halpayne needs a present value of $737,289 to support his retirement.
Answer:
Step-by-step explanation:
[pay attention to the signs :)
1. Daxton is paid 8 dollars per hour.
2. Allison can type 45 words per minute.
3. 1,500 flyers can be printed per minute.
4. He traveled 45 miles per gallon of gas.
Explanation: You divide the two numbers that are being used in the word problem.
Answer:
20
Step-by-step explanation:
I had the same question but I didn't really understand it so I searched it up and it was 20 so there you go
Answer:
Step-by-step explanation:
1/3 pound of cheese used on 6 pizzas.
<u>Each pizza gets the amount of cheese:</u>
- 1/3 × 1/6 = 1/18 of a pound
