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: B. The rate is 2, the initial value is 4, and the specific value is 6.
Step-by-step explanation:
for a linear function y = a*x + b
Rate = coefficient that is multiplicating the variable. ( a in this case)
Initial value = value taken of y, when we have x = 0 (b in this case)
Specific value = value forced on y.
In this case, we have:
y = 6 = 2*x + 4
Then:
The coefficient multiplicating x is 2, so the rate is 2.
The constant term is 4, so the initial value is 4.
The value equal to y is 6, so the specific value is 6.
The correct option is B.
The answer is square
Hope it helps
You line up the numbers shown in the photo, then add each column
