Listed price = $1.4 million
Down payment = 20% of $1.4 million = 0.2 x 1,400,000 = 280,000
Amount left to pay = $1.4 million - 280,000 = $1,120,000
Present value of an annuity is given by PV = P(1 - (1 + r/t)^-nt) / r
where: PV = $1,120,000
r = 5% = 0.05
t = 12
n = 30 years.
1,120,000 = P(1 - (1 + 0.05/12)^-(12 x 30)) / 0.05
1,120,000 x 0.05 = P(1 - (1 + 1/240)^-360)
56,000 = P(1 - 0.2238)
P = 56,000 / 0.7761 = 72,148.83
Therefore, the monthly payment is $72,148.83
Mel moves 50-35=15 feet in 5-2=3 seconds. Descent rate=15/3=5 ft/sec.
Victor moves 60-50=10 feet in 4-1=3 seconds. Descent rate=10/3=3⅓ ft/sec. Mel is faster at 5 ft/sec.
Hey there,
Total no. of people= 71,115
Average cost of ticket = 21.15 pounds
Total ticket income= 71,115 x 21.15
= 1,504,082.25 pounds
Hope this helps :))
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3520/5280 = 2/3 of a mile per minute.
2/3 x 60 minutes per hour = 40 miles per hour.
40-30 = 10
Bison runs 40 miles per hour
The bison runs 10 miles an hour faster than the deer
<span>B. 8.6
Let's substitute the given values into the function and calculate the result. So:
f(t) = Pe^rt
f(t) = 6e^0.06t
f(6) = 6e^(0.06*6)
f(6) = 6e^(0.36)
f(6) = 6*1.433329415
f(6) = 8.599976487
Rounding to the nearest tenth, gives: 8.6
So the answer is "B. 8.6"</span>
