Answer:
The PV of an ordinary annuity with 10 payments of $2,700 if the appropriate interest rate is 5.5% is $20,352.
Step-by-step explanation:
P = PMT [(1 - (1 / (1 + r)
)) / r]
= 2,700 [(1 - (1 / (1 + 0.055)
)) / 0.05]
= 2,700 [(1 - (1 / (1 + 0.055))) / 0.05]
= 2,700 [(1 - (1 / (1.708)) / 0.05]
= 2,700 [(1 - 0.58)) / 0.05]
= 2,700 [(0.41457) / 0.05]
= 2,700(7.53)
=$ 20,352
Answer: 87.75
Step-by-step explanation:
Multiply 12.25 times 3 because the student bought 3 shirts
Then multiply 25.50 times 2 because the student bought two pairs of pants
Then add up both your multiplication together and you will get 87.75
Answer:
C
Step-by-step explanation:
Vertical asymptotes are always in the form x = ?
If you look at the dotted line, it lands on 2. Because it's a vertical line, the asymptote is going to be x = 2
Answer:
25 degrees
Step-by-step explanation:
5 * 5 = 25
