Answer:
4 is the best answer for it
Use the formula of the present value of an annuity ordinary which is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value 5500
PMT monthly payment?
R interest rate 0.115
K compounded monthly 12
N time 5years
Solve the formula for PMT
PMT=Pv÷ [(1-(1+r/k)^(-kn))÷(r/k)]
PMT=5,500÷((1−(1+0.115÷12)^(
−12×5))÷(0.115÷12))
=120.95
So the answer is C
Hope it helps!
Answer:
y = 2x - 3
Step-by-step explanation:
y - - 3 = 2(x-0)
y + 3 = 2x
y = 2x -3
Answer:
d
Step-by-step explanation:
