Take 37% as an example, just add a decimal point to the left 2 times. Decimal = .37. Fraction would be 37/100, because you cannot simplify.
It's annuity problem
To solve your question use the formula of the present value of annuity ordinary which is
Pv=pmt [(1-(1+r)^(-n))÷r]
Pv present value?
PMT yearly payments 18000
R interest rate 0.09
N time 20 years
So
Pv=18,000×((1−(1+0.09)^(−20))÷(0.09))
pv=164,313.82
Answer:
They both factored it correctly
Step-by-step explanation:
To find the one that was factored correctly, we expand the two of them and compare with 
.
Fernando
= 
=
Salma
= 
=
As we can see, they both factored it correctly.
Answer:
A. An equity line of credit
Step-by-step explanation:
