Answer:
d. $137,604
Step-by-step explanation:
The amortization formula is good for this. It tells you the principal P that must be invested to support payments of A each year for t years when the interest rate is r:
P = A(1 -(1 +r)^-t)/r
P = $12,000(1 -1.06^-20)/0.06 ≈ $137,639.05
The closest answer choice is $137,604.
Answer: False
Step-by-step explanation:
The base is more than 1, so the function is increasing.
$61.25
All you have to do is add all the fractions and multiply it by 10.50
We can write an equation for this problem being, 500-(183+165)=152. So the answer is that your next must have a score of at least 152 or higher in order to win a bowling trophy.
