Hi there
The formula of the present value of annuity ordinary is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
So we need to find the monthly payment pmt
Pmt=pv÷[(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value 205000
R interest rate 0.056
K compounded monthly 12
N time 30
PMT=205,000÷((1−(1+0.056÷12)^(
−12×30))÷(0.056÷12))
=1,176.86...answer
Hope it helps
3/4 *7
or
0.75*7
The answer is 5.25
7 * 9 = 63
add four 0's from 700 and 900
630,000
Answer:
15
Step-by-step explanation:
x - y = 10, then x = 10 + y
x + y = 20
substitute for x:
10 + y + y = 20
2y = 10
y = 5
x = 10 + 5 = 15
Y=-4x+10
I hope this helped you
