Answer:
11.6
Step-by-step explanation:
Answer:
-1/3
Step-by-step explanation:
Slope is rise over run which is -1 over 3
Answer:
D. 3.2
Step-by-step explanation:
Mid-segment Theorem of a triangle states that the Mid-segment in a triangle is half of the third side of the triangle.
Based on this theorem, we have: TV = ½(RS)
TV = 3n - 2
RS = n + 12
Substitute
3n - 2 = ½(n + 12)
Multiply both sides by 2
2(3n - 2) = (n + 12)
6n - 4 = n + 12
Collect like terms
6n - n = 4 + 12
5n = 16
Divide both sides by 5
5n/5 = 16/5
n = 3.2
Answer:
Step-by-step explanation:
This is an Annuity question. It is asking for recurring monthly payment(PMT). <em>You can use a financial calculator to solve it. I am using (Texas Instruments BA II plus)</em>
Since the payments occur monthly , adjust the interest rate to monthly rate and multiply 40 years by 12 since we have 12 months in a year<em>.</em>
Total duration of investment ; N = 40*12 = 480
Interest rate; I/Y = 5.75% /12 = 0.4792%
Future value; FV = 6,000,000
Present value ; PV = 0
then CPT PMT = 3,222.912
Therefore $3,222.91 should be deposited each month to achieve the goal.
