A company buys a color printer that will cost $16,000 to buy, and last 5 years. It is assumed that it will require servicing costing $500 each year. What is the equivalent annual annuity of this deal, given a cost of capital of 8%

Which verbal expression best describes the algebraic expression 3x ÷ 5? the quotient of three times some number and five the product of some number and five divided by three the quotient of three and some number times five the sum of three and some number divided by five