The sales price would be 59.63.
Hope this helps!
Answer:
180100
Step-by-step explanation:
Use savings annuity formula
Substitute A(25) = $550,000 , R= 0.03 and N=12 simplify and solve for D.
D the answer is D. I know this Bc I did that 2 weeks ago and had 2 test on this and made 100% on both test
To solve this, you must subtract .56 from -1.64. Then divide that by -5.5x. So the answer is .4