It's annuity problem
To solve your question use the formula of the present value of annuity ordinary which is
Pv=pmt [(1-(1+r)^(-n))÷r]
Pv present value?
PMT yearly payments 18000
R interest rate 0.09
N time 20 years
So
Pv=18,000×((1−(1+0.09)^(−20))÷(0.09))
pv=164,313.82
Because the 7 is used more than once.
I don’t think it’s any of them i went through and tried all of them and none of them were equal. I honestly could just suck
Answer:
A positive 15
Step-by-step explanation:
The key word earn tells us he's gaining.
Answer:
I think it's c but I'm not 100 percent sure
