The formula of the present value of an annuity ordinary is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value 280000
PMT monthly payment?
R interest rate 0.06
K compounded monthly 12
N time 20 years
Solve the formula for PMT
PMT=pv÷[(1-(1+r/k)^(-kn))÷(r/k)]
PMT=280,000÷((1−(1+0.06÷12)^(
−12×20))÷(0.06÷12))
=2,006.01
38.97 would be standard form
Answer:
<h2>
(-3,8)</h2><h2>
Or</h2><h2>
x=-3 and y=8</h2>
Step-by-step explanation:
Answer:
(a, 0)
Step-by-step explanation:
Point S has the same x-coordinate as does Point R: a.
Point S has the y-coordinate 0, as Point S lies on the x-axis.
Correct final answer: (a, 0) represents Point S.
This is an arithmetic series with first term a1 = 3 and common difference = 3
Sum after 365 days = (365/2)[ 2*3 + (365-1)*3]
= 200,385 pennies = $2003.85 Answer