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ValentinkaMS [17]
2 years ago
11

Which expression gives the measure of 2ACE in the diagram below*

Mathematics
1 answer:
alekssr [168]2 years ago
3 0
It is P I notice he j j. I.
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You want to buy a new sports car from roy's cars for $51,800. the contract is in the form of a 48-month annuity due at an apr of
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The present value of an annuity is given by

PV= P\left(\frac{1-\left(1+ \frac{r}{t}\right)^{-nt} }{ \frac{r}{t} } \right)

where: PV is the current value of the annuity, P is the periodic payment, r is the apr, t is the number of compounding in one year and n is the number of years.

Thus, given that PV = $51,800; r = 7.8% = 0.078; t = 12; n = 4.

51,800= P\left(\frac{1-\left(1+ \frac{0.078}{12}\right)^{-4\times12} }{ \frac{0.078}{12} } \right) \\  \\ =P\left(\frac{1-(1+ 0.0065)^{-48} }{ 0.0065 } \right)=P\left(\frac{1-(1.0065)^{-48} }{ 0.0065 } \right) \\  \\ =P\left(\frac{1-0.7327}{ 0.0065 } \right)=P\left(\frac{0.2673}{ 0.0065 } \right)=41.12P \\  \\ \Rightarrow P= \frac{51,800}{41.12} =\$1,259.73

Therefore, the <span>monthly payment is $1,259.73</span>
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Help! the picture is the problemmm
Amanda [17]

Answer:

sorry i cant answer that one man.

Step-by-step explanation:

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██████▓█████▓▓╬╬╬╬╬╬╬╬▓███▓╬╬╬╬╬╬╬▓╬╬▓█ ████▓▓▓▓╬╬▓█████╬╬╬╬╬╬███▓╬╬╬╬╬╬╬╬╬╬╬╬╬█ ███▓▓▓▓╬╬╬╬╬╬▓██╬╬╬╬╬╬▓▓╬╬╬╬╬╬╬╬╬╬╬╬╬╬▓█ ████▓▓
kakasveta [241]

i can't really see the image but i'm sure it's pretty cool (:

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