Answer: -4
Step-by-step explanation:
The outcome is negative since -16 is bigger than 12.
If you do the math then you will get -4
Answer:
whatt is that the question
The solution to the problem is as follows:
let
R = $619.15 periodic payment
i = 0.0676/12 the rate per month
n = 48 periods
S = the future value of an ordinary annuity
S = R[((1 + i)^n - 1)/i]
S = 619.15*[(1 + 0.0676/12)^48 - 1)/(0.0676/12)]
S = $34,015.99
I hope my answer has come to your help. God bless and have a nice day ahead!
Answer:-25176.5
Step-by-step explanation:
Steps:
5.15*1.09*12 = total
5.6135*12 = total
$67.36= total
Answer: $67.36
