The solution to the problem is as follows:
let
R = $619.15 periodic payment
i = 0.0676/12 the rate per month
n = 48 periods
S = the future value of an ordinary annuity
S = R[((1 + i)^n - 1)/i]
S = 619.15*[(1 + 0.0676/12)^48 - 1)/(0.0676/12)]
S = $34,015.99
I hope my answer has come to your help. God bless and have a nice day ahead!
Answer:
x=0.y=3
Step-by-step explanation:
5x-y=-3
y=5x+3
sub y=5x+3 into 6x+y=3,
6x+5x+3=3
11x=0
x=0
6(0)+y=3
y=3
If putting 5.2 and 4.5 in fraction form, her error must have been timing 3 by 3 to 5.2 and 4.5 as a fraction. Meaning that 5.5 and 4.8 is wrong