Markup =35%
Model train cost =100
So 135%=100
1%=100/135
100%=100/35)*100=74.07
Original cost =74.07
Okay, ask yourself this : how many times does 6 goes into 30?
6 and 1 = 6
6 and 2 = 12
6 and 3 = 18
6 and 4 = 24
6 and 5 = 30
6 goes into 30 a number of 5 times. And so that means that :
60 and 1 make 60.
60 and 2 make 120
60 and 3 make 180.
60 and 4 make 240
60 and 5 make 300
FIVE (5) groups of 60 make 300.
Calculate rank percentile in Excel
To calculate the rank percentile of a list data, you can use a formula. Select a blank cell that you will place the rank percentile at, type this formula =RANK. EQ(B2,$B$2:$B$9,1)/COUNT($B$2:$B$9), press Enter key and drag fill handle down to calculate all rank percentiles.
Answer:
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You can’t solve no answer
Hi there
The formula of the future value of annuity ordinary is
Fv=pmt [(1+r)^(n)-1)÷r]
Solve the formula for n
Fv/pmt=(1+r)^(n)-1)÷r
cross multiplication
(Fv/pmt)×r=(1+r)^(n)-1
(Fv/pmt)×r+1=(1+r)^(n)
take the log for both sides
Log ((Fv/pmt)×r+1)=n×log (1+r)
Divide each side by log (1+r)
N=[Log ((Fv/pmt)×r+1)]÷log (1+r)
Now solve to find n
N=log((11,000÷200)×0.02+1)
÷log(1+0.02)
=37.47 years round your answer to get 37 years
Good luck!
