Answer:
x=2 and 2/3
Step-by-step explanation:
The solution to the problem is as follows:
let
R = $619.15 periodic payment
i = 0.0676/12 the rate per month
n = 48 periods
S = the future value of an ordinary annuity
S = R[((1 + i)^n - 1)/i]
S = 619.15*[(1 + 0.0676/12)^48 - 1)/(0.0676/12)]
S = $34,015.99
I hope my answer has come to your help. God bless and have a nice day ahead!
To multiply decimals: Set up and multiply the numbers as you do with whole numbers. Count the total number of decimal places in both of the factors. Place the decimal point in the product so that the number of decimal places in the product is the sum of the decimal places in the factors.
2 centimeters converts to 0.02 meters. Hope this helped!
