1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jasenka [17]
3 years ago
13

Calculate the rent of a decreasing annuity at 8% interest compounded quarterly with payments made every quarter-year for 7 years

and present value $78,000.
Mathematics
1 answer:
Papessa [141]3 years ago
5 0
The general Formula for a decreasing Annuity is:
P = ( \frac{(1+i)^n -1}{i (1+i)^n}) R
For this example we have:
P = 78,000
n = 7*4 = 28
i = 8%/4 = 2% = 0.02

After substituting you can find value for R, rent.
You might be interested in
Write a real world problem for the equation 8x+2=26
Andrew [12]

Answer:

George has 8x+2=26 bottles of soap what is x

Step-by-step explanation:

7 0
2 years ago
9
____ [38]

Answer:

y = 5x+3

Step-by-step explanation:

a general line is represented by the equation:

y = mx + n

a line with m=5, that goes through (-1,-2), should satisfy the equation:

-2 = 5×(-1) + n

this is because any point on the line, satisfies it's equation.

from this we get n = 3, hence our answer

4 0
1 year ago
How many time greater is 7,000 than 700?
PIT_PIT [208]
700•10 is 7000 so
10 times
6 0
2 years ago
Read 2 more answers
Which expression is equivalent to -7(y-2)
soldi70 [24.7K]

Hello!

Distributive property: a(b+c)=ab+ac

a=-7, b=y, c=2

-7y-(-7)*2

Minus and plus sign.

-7y+7*2

Then multiply by the numbers.

7*2=14

\boxed{=-7y+14}

Hope this helps!

Thanks!

Have a great day!

5 0
3 years ago
Twenty-four students brought their permission slips to attend the class field trip to the local art museum. If this represented
lukranit [14]
If 24 students went on a field trip, and 24 students represented eight tenths of the class, then 24 =  \frac{8}{10}x.
First, multiply by 10 on both sides.
240 = 8x
Divide by 8 on both sides.
x = 30.

The class has 30 students in all.
This is, however, only the equation way to solve. 
7 0
3 years ago
Other questions:
  • 46, 27, 48, 96, 61, 84, 29 1, 64, 5, 34 interquartile range<br>A.19<br>B.37<br>C.73<br>D.46
    12·1 answer
  • Which statement is true?
    15·1 answer
  • Pleaasse explain:))))
    6·1 answer
  • Please help with 2.<br> 3.<br> and 4.
    8·2 answers
  • Which of the following are solutions to the equation 2cos2x-1=0
    10·1 answer
  • Solve for c:<br><br><br><br> c + (-20) = -12
    8·2 answers
  • If m&gt; 17 which is a possible value for m help me
    11·1 answer
  • Anyone can you help me?
    10·2 answers
  • How many nickels are there in $18.00? Solve the
    15·1 answer
  • Please help.... asap
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!