Answer:
what are we supposed to answer? im confused.. i can help i just dont know what to answer
Step-by-step explanation:
The effective annual interest rate is:
i = (1 + 0.064/12)^12 - 1 = 0.066
In year 1: the interest is $613.80 (multiple $9300 by 0.066)
In year 2: the interest is $654.31 (add interest from year 1 to $9300 and multiply by 0.066)
In year 3: the interest is $656.98 (do the same as year 2)
In year 4: the interest is $657.16
The total interest is: $2582.25
The present worth of this amount is:
P = 2582.23 / (1 + 0.066)^4 = $1999.72
The answer is $1999.72.
Answer:
Step-by-step explanation:
3c + 5w = 16
6c + 2w = 22
-6c - 10w = -32
6c + 2w = 22
-8w = -10
w = 10/8 = 5/4 = $1.25 per lb
3c + 5(1.25) = 16
3c + 6.25 = 16
3c = 9.75
c = $3.25 per lb
The answer is , c. 3.4 lol
