The answer is .... C. d>0
Hope it helps !!!!
Answer:
$62.50
Step-by-step explanation:
125/2=62.5 --> $62.50
Hi there
The future value formula is
Fv=pmt [(1+r)^(n)-1)÷r]
Solve the formula for PMT
PMT=Fv÷[(1+r)^(n)-1)÷r]
So
PMT=5,330÷(((1+0.08)^(24)−1)÷(0.08))
PMT=79.83
Good luck!