Answer:
a. $311,555.26
b. $500,000
c. $188,444.74
Step-by-step explanation:
The computation is shown below:
a. Here we have to determine the present value
Given that
PMT = $25,000
NPER = 20
RATE = 5%
FV = $0
The formula is shown below:
= -PV(RATE;NPER;PMT;FV;TYPE)
after applying the above formula, the amount that need in the beginning is $311,555.26
b. The total money should be
= $25,000 × 20 years
= $500,000
c. The amount of interest is
= $500,000 - $311,555.26
= $188,444.74
I can’t figure out what your trying to say
Answer: 114
Step-by-step explanation:
Let the number be y
35% of y = 40
35/100 × y = 40
35y/40 = 100
Cross multiply
35y = 100×40
35y= 4000
y= 4000/35
y= 114.29
The number is 114.29
Answer:
X = 66 y = 48
Step-by-step explanation:
base angles of an isosceles are the same so x is 66
Angles in a triangle add up to 180
66 + 66 = 132
180 - 132 = 48