25 years: No Payment, but total is 250000
6 months earlier. Payment of "P". It's value 1/2 year later is P(1+0.03)
6 months earlier. Payment of "P". It's value 1 year later is P(1+0.03)^2
6 months earlier. Payment of "P". It's value 1½ years later is P(1+0.03)^3
6 months earlier. Payment of "P". It's value 2 years later is P(1+0.03)^4
We need to recognize these patterns. Similarly, we can identify the accumulated value of all 50 payments of "P". Starting from the last payment normally is most clear.
P(1.03) + P(1.03)^2 + P(1.03)^3 + ... + P(1.03)^50
That needs to make sense. After that, it's an algebra problem.
P[(1.03) + (1.03)^2 + (1.03)^3 + ... + (1.03)^50]
<span>P<span><span>1.03−<span>1.0351</span></span><span>1−1.03</span></span>=250000
</span>If you don't understand plz message me
If you understand plz brainlest
This is pretty easy if you know the formula :)
Thank you and have a nice day!
Answer:
4
Step-by-step explanation:
2 x 4 = 8
Absolute value means no symbols so it would just be 2 x something equals 8 which is 4.
56% If you want me to show my work then just comment so.
Answer:
The slope is 2/3
Step-by-step explanation:
Hope it helps!
Answer:
Unitary cost= $1.75
Step-by-step explanation:
Giving the following information:
He spent $21 on 12 single-scoop ice cream cones.
<u>To calculate the unitary cost, we need to use the following formula:</u>
Total cost= number of units*unitary cost
Unitary cost= total cost / number of units
Unitary cost= 21 / 12
Unitary cost= $1.75
