Answer:
1 and 31
Step-by-step explanation:
They both divide by it's self to get the same number.
The Present value of an annuity is given by PV = P(1 - (1 + r/t)^-nt)/(r/t)
where: P is the monthly payment, r is the annual rate = 7% = 0.07, t is the number of periods in one year = 12 and n is the number of years = 3.
18,000 - 6,098 = P(1 - (1 + 0.07/12)^-(3 x 12)) / (0.07/12)
11,902 = P(1 - (1 + 0.07/12)^-36) / (0.07/12)
P = 0.07(11,902) / 12(1 - (1 + 0.07/12)^-36) = 367.50
Therefore, monthly payment = $367.50
Answer: RVN
Step-by-step explanation:
Corresponding angles are angles which occupy the same relative position at each intersection where a straight line crosses two others. If the two lines are parallel, the corresponding angles are equal.
By that - the bottom angle RVN can be an example of corresponding angles.
Please give brainliest!
Answer:
$2400
$12,400
Step-by-step explanation:
Simple interest equation:
PV(1+it)
we have
10000(1+.06*4)
10000(1.24)
12400
Subtract the PV to get the interest earned
12400-10000= 2400
We just found that the total would be 12,400 and so part B is already solved