One-half of a number plus six will equal 20.
Solving:
1/2x + 6 = 20
-6 -6
1/2x = 14
*2/1 *2/1
x = 28 <--Answer to problem
Answer:
9 years = .000000706$
Step-by-step explanation:
convert 7% to decimal 0 .07
17,500 x .07 = 1,225
1 year 1,225
2 year 85.75
3 year 6.0
4 year .42
5 year .029
6 year .002
7 year .000144
8 year .000010088
9 years = .000000706$
To find the cash flow, subtract the Cash Disbursements from the sales receipts for each month.
January: 110 - 135 = -$25
February: 85 - 110 = -$25
March: 100 - 95 = $5
April: 130 - 95 = $35
May: 145 - 100 = $45
June: 165 - 105 = $60
