<u>Answer-</u>
<em>You need to deposit $337.62 each month, to reach this goal.</em>
<u>Solution-</u>
We know that,
![\text{FV of annuity}=P[\frac{(1+r)^n-1}{r}]](https://tex.z-dn.net/?f=%5Ctext%7BFV%20of%20annuity%7D%3DP%5B%5Cfrac%7B%281%2Br%29%5En-1%7D%7Br%7D%5D)
Where,
P = periodic payment
r = rate per period
n = number of period
Here,
Putting the values,
![\Rightarrow 2500000=P[\frac{(1+\frac{9}{1200})^{540}-1}{{\frac{9}{1200}}}]](https://tex.z-dn.net/?f=%5CRightarrow%202500000%3DP%5B%5Cfrac%7B%281%2B%5Cfrac%7B9%7D%7B1200%7D%29%5E%7B540%7D-1%7D%7B%7B%5Cfrac%7B9%7D%7B1200%7D%7D%7D%5D)
![\Rightarrow P=\frac{2500000}{[\frac{(1+\frac{9}{1200})^{540}-1}{{\frac{9}{1200}}}]}](https://tex.z-dn.net/?f=%5CRightarrow%20P%3D%5Cfrac%7B2500000%7D%7B%5B%5Cfrac%7B%281%2B%5Cfrac%7B9%7D%7B1200%7D%29%5E%7B540%7D-1%7D%7B%7B%5Cfrac%7B9%7D%7B1200%7D%7D%7D%5D%7D)
To find the answer to this problem, you would multiply 4/5 to 12 (or 12/1). And you would end up with 48/5, and when you divide this out, you would end up with 9.6. So 9.6 should be your final answer.
Hope this helped! :)
Answer:
Yes
Step-by-step explanation:
Y=9x2
Y=18
So you put a dot on 18 on the vertical axis and draw a line which is horizontal.
Answer:
A linear graph is nothing but a straight line or straight graph which is drawn on a plane connecting the points on x and y coordinates.
4 Is the answer since 4 is x 4+4 is 8 8-4 is 4 :)
