Answer:
The PV of an ordinary annuity with 10 payments of $2,700 if the appropriate interest rate is 5.5% is $20,352.
Step-by-step explanation:
P = PMT [(1 - (1 / (1 + r)
)) / r]
= 2,700 [(1 - (1 / (1 + 0.055)
)) / 0.05]
= 2,700 [(1 - (1 / (1 + 0.055))) / 0.05]
= 2,700 [(1 - (1 / (1.708)) / 0.05]
= 2,700 [(1 - 0.58)) / 0.05]
= 2,700 [(0.41457) / 0.05]
= 2,700(7.53)
=$ 20,352
This is the concept of proportionality, we are required to calculate for the number of hours two crews can use to paint the house altogether.
Here proceed as follows;
number of hours new crew can paint=12 hrs
portion of work painted by new crew in 1 hour= 1/12
number of hours experienced crew can paint=6 hours
Portion of work painted by experienced crew in 1 hour=1/6
Portion of work painted by the two crews altogether in 1 hour will be:
1/6+1/12=1/4
thus the total amount of hours that the two painters will take to paint will be:
4 hours
Answer:
lost = 9 games
and
won = 9 + 7 = 16 games
Step-by-step explanation:
Given that:
Total games played = 25
According to given condition:
lost = x
won = 7 + x ----------- eq1
x + x + 7 = 25
2x = 25 - 7
2x = 18
x = 9
So they lost = 9 games
and won = 9 + 7 = 16 games
i hope it will help you!
I believe the answer is 26, i hope this helps!
6 penalties/8 penalties
16 min/21.3
