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bija089 [108]
3 years ago
13

Help me ??????? please

Mathematics
1 answer:
Trava [24]3 years ago
4 0

Answer:

58%

Step-by-step explanation:

vertical angles are always the same

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4 years ago
student borrows $65,000 for business school at 8.5% stated annual interest with monthly repayment over 8 years. Consider this as
lawyer [7]

Answer:

First\ monthly\ payment= $858.69

Step-by-step explanation:

From the Question we are told that

Borrows $65,000

Annual interest  8.5%

Monthly repayment over 8 years

Generally PV of annuity with growth is mathematically represented as

where PV is present value

PV of annuity with growth X= (P/ (r-g)) * (1- ((1+g)/(1+r))^n)

     \frac{P}{\frac{8\%}{y12-0.2\%} } *(1-((1+0.2\%)/(1+8.5\%/12))^(^8^*^1^2^)^)=65000

    196.7213115P* 0.384791918=65000

     196.7213115P=65000/0.384791918

    196.7213115P=168922.4668

     P= 168922.4668/196.7213115

    P= 858.6892063

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3 years ago
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