The answer is b because you are going rate the determine the cause of bias
Based on the amount the annuity pays per month and the APR, the value of the annuity today is $133,349.85.
<h3>What is the present value of the annuity?</h3>
First, find the present value of the annuity at 5 years:
= 1,850 x present value interest factor of annuity, 60 months, 8/12%
= 1,850 x 49.32
= $91,242
Then find the present value of the annuity from 5 years till date:
= (1,850 x present value interest factor of annuity, 60 months, 12/12%) + ( 91,242) / (1 + 1%)⁶⁰)
= (1,850 x 44.955) + ( 91,242) / (1 + 1%)⁶⁰)
= $133,349.85
Find out more on the present value of annuities at brainly.com/question/24097261.
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If s=side, then each side is 12m.
It got cut off but
12mx12m=144m^2 because mxm=m^2.
heart if helpful
Three times the variable m minus four is equal to fourteen.
Another way could be:
Four less than three multiplied by m is equivalent to fourteen.
The first way I put it is simpler but if you really want to impress your teacher then I suggest going with the second way.
Also if you are looking to solve the equation then it would be:
3m - 4 = 14
+4 +4
------------
3m = 18
----- -----
3 3
m = 5
Hope that helped :-)
Answer:
1) Repaid for the loan = $239,511.60
2) Percentage = 58.2%
3) Average amount = $387.53
Step-by-step explanation:
Given :
Amount $100,000
Rate 7%
Payments 360 - $665.31
Total interest $139,511.60
To find :
1) How much will be repaid for this loan?
Repaid for the loan = Amount - Total interest
Repaid for the loan = 100,000 + 139,511.60
Repaid for the loan = $239,511.60
2) What percentage will be repaid for this loan?
3) What will be the average amount per payment for interest?
