The Present value of an annuity is given by PV = P(1 - (1 + r/t)^-nt)/(r/t)
where: P is the monthly payment, r is the annual rate = 7% = 0.07, t is the number of periods in one year = 12 and n is the number of years = 3.
18,000 - 6,098 = P(1 - (1 + 0.07/12)^-(3 x 12)) / (0.07/12)
11,902 = P(1 - (1 + 0.07/12)^-36) / (0.07/12)
P = 0.07(11,902) / 12(1 - (1 + 0.07/12)^-36) = 367.50
Therefore, monthly payment = $367.50
Answer:
200
Step-by-step explanation:
25 percent is known to be 1/4 of a number, so if 50 teachers represent 1/4 of all the teachers, that means that in order to get a full number, we must multiple 50 by 4 in order to get all 100% of the teachers.
By doing 50x4, we can conclude that 200 teachers teach at the school (aka 100% of all teachers)
Answer:
70 degrees
Step-by-step explanation:
The adjacent angles in a parallelogram are supplementary and add to 180 degrees
∠CDE+∠DEF=180
We know that ∠CDE is 110 degrees, so we can substitute that in
∠CDE+∠DEF=180
110+∠DEF=180
Subtract 110 from both sides
∠DEF= 70
So, ∠E is 70 degrees
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