Answer:
$110.37
Step-by-step explanation:
Assuming the monthly payment is made at the beginning of the month, the formula for the monthly payment P that gives future value A will be ...
... A = P(1+r/12)((1+r/12)^(nt) -1)/(r/12) . . . . n=compoundings/year, t=years
... 14000 = P(1+.11/12)((1+.11/12)^(12·7) -1)/(.11/12)
... 14000 = P(12.11)((1+.11/12)^84 -1)/0.11 ≈ P·126.84714 . . . . fill in the given values
... P = 14000/126.84714 = 110.37 . . . . . divide by the coefficient of P
They should deposit $110.37 at the beginning of each month.
Step-by-step explanation:
4y
4 (5)
4×5
20
y=20
Hope its helpfulllll
I think the answer is maximum
Its because the power of zero is undefined
9514 1404 393
Answer:
(b) Symmetric property of congruence
Step-by-step explanation:
a) The transitive property says if a=b and b=c then a=c
b) The symmetric property says if a=b then b=a
c) The substitution property says if a=b and a=c then b=c
d) The reflexive property says a=a
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The property of congruence of interest here is the <em>symmetric property</em>.