Constant
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Use the formula of the present value of annuity ordinary
The formula is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value 84700
Pmt payment per quarter ?
R interest rate 0.10
K compounded quarterly 4
N time 9 years
We need to solve for pmt
Pmt=pv÷ [(1-(1+r/k)^(-kn))÷(r/k)]
Pmt=84,700÷((1−(1+0.10÷4)^(−4
×9))÷(0.10÷4))=3,595.65
Hope it helps
Answer:
3/5 of a minute
Step-by-step explanation:
1/3 of a page in 1/5 of a minute = 2/3 of a page in 2/5 of a minute = 3/3 (or 1) page in 3/5 of a minute.
Answer:
the product of adding two negative integers is a positive product
Step-by-step explanation: