Based on the information, Christian would have $5525.5 of an annuity.
<h3>How to calculate the annuity?</h3>
According to the given information, the number of coffees per week is 3 then, per month is 3x4 = 12
Each coffee is $4.5. Then monthly expenditure for coffees is 12 x 4.5 = $54
Rate of interest r = 1.6% = 1.6/100 = 0.016 and for monthly compounding r = 0.016/12 = 0.00133
n = number of payments = 8 x 12 = 96
We can use the formula for finding the future value as below
FV = C x [ ( 1 + r )n-1 ] / ( r )
FV = 54 x [ ( 1 + 0.00133 )96 – 1 ] / (0.00133)
= 54 x [ (1.13609 - 1)] / (0.00133)
= 54 x 0.13609 / (0.00133)
= 54 x 102.3233
= 5525.5
Therefore Christian would have $5525.5 of the annuity.
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Hello!
First you can distribute the 3
4 + 6r + 6s + 3r
Then you combine like terms
4 + 9r + 6s
The answer is 9r + 6s + 4
Hope this helps!
Answer:
b
Step-by-step explanation:
Answer:
3
Step-by-step explanation:
We know that -3 is on the x axis and 3 is on the y axis.
and the y axis usually determines if you are going to have a positive slope or negative since it would either rise or decrease. In this cause (-3, 3) shows that 3 is going to be our slope.
Tina should make 31 inch tall model to replicate 155 feet tall monument.
Step-by-step explanation:
This problem can be solved by direct unitary methods easily-
Firstly, Scale is the ratio of the dimension of the original substance to the dimension of a model
Scale= original dimension/ model dimension
Model is the miniaturised representation of a substance.
The monument is 155 feet tall
Tina replicates it with a scale 1inch: 5 feet
Thus, this means that Tina would need 155*1/5 = 31 inch tall model to replicate the complete length of the monument.
Hence Tina needs to make 31-inch tall model.