Answer:
i have this same question. im sorry but i don't get it either. sorry..
Step-by-step explanation:
I think it’s c but don’t go with me see if others answer with a different answer :)
Answer:
Step-by-step explanation:
x=3 and x=-4 are parallel, vertical lines
:::::
x-y = 3, slope = 1
2x-2y = 10, slope = 1
Parallel lines
The future value of a monthly deposit A=125.30 at annual interest i=0.015 per annum for n=35 years compounded monthly is given by
FV=A((1+i/12)^(12*n)-1)/(i/12)
=125.30(1+0.015/12)^(12*35)/(0.015/12)
=$69156.05
The annuity formula is given by
Payment = r(PV)/(1-(1+r)^(-n))
where
r=interest rate per period = 0.015/12
PV= $69156.05
n=20*12=240
so
Payment = (0.015/12)<span>69156.05/(1-(1+0.015/12)^(-240))
= $333.71 per month.</span>
