To
answer this question we have to first determine how many times 100
can go into 13,300. To find this we do the following:
<span>$13,300/$100
= 133</span>
<span>Now
we simply multiply the result by $2.74:</span>
<span>$2.74*133
= $364.42.</span>
<span>Finally
we just multiply that by the total number of payments which are
(monthly payment, 12 months in a year, for 4 years).</span>
<span>$364.42*(12*4)
---> $364.42*48 = $17,492.16.</span>
The correct answer is choice 4.) 17,492.16
<span>I
hope this helps, Regards.</span>
N=d-2
q=n+d =>q=(d-2)=q=2d-2
25q+5n+10d=525
replace q and n with d
25(2d-2) +5(d-2)+10d=525
50d-50+5d-10+10d=525
65d=585
d=9
n=7
q=16
How many semiannual periods are there in 20 years... 20×2 = 40
FW = PW(1+i)^N
FW = $3500(1+0.03)^40
solve for FW
(sorry no calculator on me)
Answer:
p = 3.6666(repeating)
Step-by-step explanation:
3/5(p-3)=-4
We simplify the equation to the form, which is simple to understand
3/5(p-3)=-4
Simplifying:
+ 0.6*(p-3)=-4
Reorder the terms in parentheses
+( + 0.6p-1.8)=-4
Remove unnecessary parentheses
+ 0.6p-1.8=-4
We move all terms containing p to the left and all other terms to the right.
+ 0.6p=-4+1.8
We simplify left and right side of the equation.
+ 0.6p=-2.2
We divide both sides of the equation by 0.6 to get p.
p=-3.66666666667
