Answer:
view the picture
Step-by-step explanation:
It is self explanatory
Answer:
n=189
Step-by-step explanation:
I hope this helps! :)
Brainliest? ✨
Answer: $249,300
Step-by-step explanation:
The exact formula would be if I think this is right
PV = PMT(1-(1+r)^-n)/r with r & n adjusted for periodicity
= 1400(1-(1+.054/12)^-360)/(.054/12)
= $249,318.47
which you can round off to, say, $249,300 <------
note:
counterchechecked with a financial calculator
This is true, because there is an infinite amount of real numbers in both, and they are both countably infinite (so these infinities are equal). Hope this helps!