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AleksandrR [38]
2 years ago
10

You have a 20 year annuity with a present value of $575,000. If the apr is 6%, what is the monthly yield?.

SAT
1 answer:
Fiesta28 [93]2 years ago
5 0

Annuities allow us to measure the cost of making payments over a period of time. Given the entries in the question given, the monthly yield will be;

  • $4119.48

Since the interest will be compounded monthly, the number of periods will be 12. To determine the monthly payment from a payout annuity, use the formula;

Present value = <u>Monthly yield (1 - (1 + APR/12)^-12 </u><u>× </u><u>n</u>

                                             APR/12

Fixing the above into the equation;

$575,000 = <u>PMT (1 - (1 + 0.06/12)^-12 × 20</u>

                              0.06/12

$575,000 = PMT 139.6

Making PMT the subject of the formula,

PMT = 575,000/139.6

PMT = $4118.911

Learn more here:

brainly.com/question/16958569

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Answer:

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Explanation:

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The vapor pressure of pure acetone (propanone) is 266 torr. When a non-volatile solute is added, the vapor pressure of acetone a
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The mole fraction of the non-volatile solute in the solution is 0.13.

<h3>Mole fraction of solute </h3>

Using law of vapor pressure formula

Mole fraction of the non-volatile solute=Vapor pressure of the pure acetone-Vapor pressure of the solution /Vapor pressure of the pure acetone

Where:

Vapor pressure of the pure solvent (acetone) =266 torr

Vapor pressure of the solution =232torr

Mole fraction of solute = ?

Let plug in the formula

Mole fraction of the non-volatile solute=266-232/266

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Mole fraction of the non-volatile solute=0.13 (Approximately)

Inconclusion the mole fraction of the non-volatile solute in the solution is 0.13.

Learn more about mole fraction of the non-volatile solute here: brainly.com/question/14114576

6 0
2 years ago
Marah is deciding whether or not to open a lemonade stand. She expects to sell 20 cups of lemonade for $1 per cup. She already m
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We will see that her expected profit is -$5.

<h3>What is the profit?</h3>

We define profit as the difference between the revenue and the costs.

In this case, we know that she expects to sell 20 cups of lemonade for $1 each, so the expected revenue would be:

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And we also know that her costs are $10 for a sign and $15 for materiales, so the total cost is:

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Finally, the profit would be:

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So she has a negative profit.

If you want to learn more about profit, you can read:

brainly.com/question/19104371

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2 years ago
In the passage, what event leads to a significant change in theodora’s circumstances?.
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Based on the information given, it should be noted that in order to understand the event that leads to a significant change in Theodora’s circumstances, it is important to understand the plot in the story.

<h3>What is a plot?</h3>

Your information is incomplete as you did not provide the passage. It should be noted that the plot is the sequence of events that enhances the principle of cause-and-effect in the story.

In this case, it is important to read and understand the story. Also, understand the theme and the plot. This is vital to know the event that leads to a significant change in Theodora’s circumstances?.

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