First find the yearly payment using the formula of the present value of annuity ordinary
The formula is
Pv=pmt [(1-(1+r)^(-n))÷r]
Pv present value 276475
Pmt yearly payment ?
R interest rate 0.0565
N time 30 years
Now solve for pmt
The formula change to be
Pmt=pv÷ [(1-(1+r)^(-n))÷r]
Plug in the equation above
Pmt=276,475÷((1−(1+0.0565)^(−30))÷(0.0565))=19,339.22
Now find the cost of the principle and interest after 30 years by multiplying the yearly payment by the time
19,339.22×30=580,176.60...answer
Hope it helps:-)
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Answer:
Divide both sides by -60. Note: when you divide an inequality by a negative number, switch the direction of the sign.
x<-10/60
x<-1/6
:)
Answer:
A. 6503.6
Step-by-step explanation:
Fill in the given number and solve.
250 = 3.1√d
250/3.1 = √d
(250/3.1)² = d ≈ 6503.6 . . . meters . . . . matches selection A