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:
x=(-2/3)
Step-by-step explanation:
(9x+13)^2=49
√(9x+13)^2=√49
9x+13=7
9x+13-13=7-13
9x=-6
9x÷9=-6/9
x=-6/9
-6/9=-2/3
When your not sure if the fraction is the same
The answer is -3
-12c = 43 - 7
-12c = 36
÷ -12 ÷-12
c = -3
