The order of the 3 books does not matter so its the number of combinations of 3 from 45
b is the correct choice
1-.63=.37. so $0.63+$0.37=$1.00
The Present value of an annuity is given by PV = P(1 - (1 + r/t)^-nt)/(r/t)
where: P is the monthly payment, r is the annual rate = 7% = 0.07, t is the number of periods in one year = 12 and n is the number of years = 3.
18,000 - 6,098 = P(1 - (1 + 0.07/12)^-(3 x 12)) / (0.07/12)
11,902 = P(1 - (1 + 0.07/12)^-36) / (0.07/12)
P = 0.07(11,902) / 12(1 - (1 + 0.07/12)^-36) = 367.50
Therefore, monthly payment = $367.50
Answer:
251
Step-by-step explanation:
Tn=5n+1
e.g.T1=5(1)+1
=6
e.g.T2=5(2)+1
=11
e.g.T3=5(3)+1
=16
e.g.T4=5(4)+1
=21
Answer:T50=5(50)+1
=251
