Use the formula of the present value of an annuity ordinary which is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value 5500
PMT monthly payment?
R interest rate 0.115
K compounded monthly 12
N time 5years
Solve the formula for PMT
PMT=Pv÷ [(1-(1+r/k)^(-kn))÷(r/k)]
PMT=5,500÷((1−(1+0.115÷12)^(
−12×5))÷(0.115÷12))
=120.95
So the answer is C
Hope it helps!
Answer: 2.
Step-by-step explanation:
You can find the slope between two points by using the "rise-over-run" method.
This method essentially calculates the slope as the quotient of the vertical span and horizontal span of the two points.
You can find it through this formula:

To find the slope, use two points, (x1, y1) and (x2 and y2).
For the points given, I will replace those values in the formula with (-33, -27) and (-32, -25).

The slope of the line is 2.
Answer: 35
Step-by-step explanation:
Let the number of nickels be x
Then the number of dimes, using
ONE PART = TOTAL MINUS OTHER PART,
is 35-x. ( hope this helps have a good day/night :) )
Answer:
option: D is correct. ( (D) a markup of 15% on selling price is equivalent to a 85% markup on cost ).
Step-by-step explanation:
" Markup is the percentage difference between a product's cost and its selling price "
Since we are asked to Convert a markup of 15% on selling price to its equivalent markup on cost.
As there is a markup of 15% on selling price. Hence the cost of the product would be (100-15)%=85% of the selling price.
<em>Hence, a markup of 15% on selling price is equivalent to a 85% markup on cost.</em>
<em>Hence, option D is true.</em>
Answer:
Total time = 56.81/60 + 59.22/60 + 57.39/60 + 60.11/60 = 3.89 minutes
Average Time in Minutes = 3.89 min / 4 = 0.97 minutes
Average Time in Seconds = 0.97 *60 = 58.38 Seconds
Step-by-step explanation: