The formula of the present value of an annuity ordinary is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value 280000
PMT monthly payment?
R interest rate 0.06
K compounded monthly 12
N time 20 years
Solve the formula for PMT
PMT=pv÷[(1-(1+r/k)^(-kn))÷(r/k)]
PMT=280,000÷((1−(1+0.06÷12)^(
−12×20))÷(0.06÷12))
=2,006.01
Answer:
There is no solution
Step-by-step explanation:


There is no solution
because 2=0 is not possible.
Answer:
I am guessing about 150 - 200 students did not buy a yearbook.
Step-by-step explanation:
First let's assume that there are 1,000 or so students in the school. 856 would be a little over 4/5 of 1,000 just as 8 would be 4/5 of 10.
Answer:
The operation that will cancel out division is multiplication.
Step-by-step explanation:
For example:
*in order to solve for x, and get the upper equation without division, you must multiply by the negative reciprocal*


*to get x alone, we must subtract 4 from both sides*

