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Luda [366]
2 years ago
13

Howmet Corporation needs $200,000 in 5 years.

Mathematics
1 answer:
Bogdan [553]2 years ago
3 0
:)
The formula of the future value of annuity ordinary is
Fv=pmt [(1+r/k)^(kn)-1)÷(r/n)]
So we need to solve for pmt
Pmt=fv÷[(1+r/k)^(kn)-1)÷(r/n)]
Pmt=200,000÷(((1+0.10÷4)^(4×5)
−1)÷(0.10÷4))=7,829.43...answer

Hope it helps
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Step-by-step explanation:

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105,159 rounded to the nearest ten thousand
ivolga24 [154]

For this case we have the following number:

105,159

By definition we have:

thousand place: five-digit number greater than zero.

On the other hand we have as a rule:

When the previous number is greater than or equal to five, then the next number increases by one.

So we have to round off to the nearest ten thousand:

105,159 = 110,000

Answer:

105,159 rounded to the nearest ten thousand is:

105,159 = 110,000

6 0
2 years ago
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A barber shop produces 96 haircuts a day. each barber in the shop works 8 hours per day and produces the same number of haircuts
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We know that
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the answer is
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