Answer:
B
Step-by-step explanation:
Answer:
X=28
Step-by-step explanation:
ac/question, 
=
x=
x=
x=28
$3000 from friend, $6000 from bank, and $1000 insurance
Now I am not sure what length you're supposed to find for problem 9, but x = 3.3 i think.
10.)
(14+x)+(x+21) = 13
2x+35=13
2x = -22
x = -11
FE = -11 + 14 = 3 units
11.)
10 + 2x - 10 = 3x - 8
2x = 3x - 8
-x = -8
x = 8
10 + 2(8) -10 = 16 units
The formula of the present value of annuity ordinary is
Pv=pmt [(1-(1+r/k)^(-kn))÷( r/k)]
Pv present value?
PMT monthly payment 425
R interest rate 0.055
K compounded monthly 12
T time 1 year
Pv=425×((1−(1+0.055÷12)^(
−12))÷(0.055÷12))
=4,951.26
