Answer:
67.5
Step-by-step explanation:
Because I know
Answer:
So, the present accumulated value is, $ 49557.69
Step-by-step explanation:
According to the question, payments of $ 670 are being made at the end of each month for 5 years at an interest of 8% compounded monthly. So, present accumulated value, =
$ ![\sum_{x = 1}^{60}670 \times (1 + \frac{8}{12 \times 100})^{x}](https://tex.z-dn.net/?f=%5Csum_%7Bx%20%3D%201%7D%5E%7B60%7D670%20%5Ctimes%20%281%20%2B%20%5Cfrac%7B8%7D%7B12%20%5Ctimes%20100%7D%29%5E%7Bx%7D)
= $ ![(670 \times (\frac {(1 + \frac {2}{300})^{61} - ( 1 + \frac{2}{300})}{\frac{2}{300}})](https://tex.z-dn.net/?f=%28670%20%5Ctimes%20%28%5Cfrac%20%7B%281%20%2B%20%5Cfrac%20%7B2%7D%7B300%7D%29%5E%7B61%7D%20-%20%20%28%201%20%2B%20%5Cfrac%7B2%7D%7B300%7D%29%7D%7B%5Cfrac%7B2%7D%7B300%7D%7D%29)
$ 49557.69
So, the present accumulated value is, $ 49557.69
Answer:
y = (3 houses/month) x
Step-by-step explanation:
Let "x" represent the number of months Patty paints houses and "y" represent the number of houses Patty paints. We can represent the relationship between "x" and "y" using a linear equation, which has the following general expression.
y = m x
where "m" is the slope. In this case, the slope represents the number of houses Patty paints per month, that is, m = 3 houses per month.
The final linear equation is:
y = (3 houses/month) x
Answer:
the answer id D if im wrong vote me out
Step-by-step explanation: