Answer: 1.01$
Step-by-step explanation:
.18 + .18=.36
.36 + .65=1.01$
First find the amount at the end of the deferment period using the formula of the future value of a compound interest
A=8,960×(1+0.2735÷12)^(6)
A=10,257.25
Use the amount we found as the present value to find the monthly payment by using the formula of the present value of an annuity ordinary to get
PMT=10,257.25÷((1−(1+0.2735
÷12)^(−12×6))÷(0.2735÷12))
=291.27 ....Answer
To find the value of x, you need to set up a proportion.This is the proportion you would set up:
2.5 x
---- = ------
3.75 60
x=40
Answer:
D
Step-by-step explanation:
Answer:
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