Answer:
Step-by-step explanation:
Answer: 1 1/11 or 12/11
Step-by-step explanation: a-b= 32-8 which equals 24. Then it would be c-b which is 30-8 which equals to 22. Then it would be 24/22. You can divide by two on both sides, which would be 12/11. Then as a mixed number, it would be 1 1/11.
Answer:
They should deposit $81.38 monthly.
Step-by-step explanation:
We know that,
where,
FV of annuity = $35,450
P = monthly payment,
r = rate of interest = 5.5% annually =
n = number period = 20 years = 240 months
Putting all the values,
Therefore, they should deposit $81.38 monthly.
Answer:
35%
Step-by-step explanation: