Answer:
Explanation:
Using future annuity formula
Fv = Pmt ( (1+r)ⁿ -1 )/ r
+ 1 = (1+r)ⁿ
In (
+ 1) = n In ( 1+r)
n = In (
+ 1) / In ( 1 + r)
FV, future value = $10,000, Pmt, periodic payment per year = $1,100, r rate = 11.82% = 0.1182 and n = number of years
n = 0.7297 / 0.11172 = 6.53 years approx 7 years
the last year payment will actually be less than $1,100
Answer:
the question is false
Explanation:
you can't sell stock for ownership
Answer:
This is true
Explanation:
Sarah illustrated scaffolding for Haley by supporting her through learning when putting lace around the card's edge.