The Present value of an annuity is given by PV = P(1 - (1 + r/t)^-nt)/(r/t)
where: P is the monthly payment, r is the annual rate = 7% = 0.07, t is the number of periods in one year = 12 and n is the number of years = 3.
18,000 - 6,098 = P(1 - (1 + 0.07/12)^-(3 x 12)) / (0.07/12)
11,902 = P(1 - (1 + 0.07/12)^-36) / (0.07/12)
P = 0.07(11,902) / 12(1 - (1 + 0.07/12)^-36) = 367.50
Therefore, monthly payment = $367.50
Answer:
E. √180
Step-by-step explanation:
Using Pythagoras' theorem
a^2 + b^2 = c^2 (c = hypotenuse, a and b are legs)
a^2 = c^2 - b^2
a^2 = 18^2 - 12^2
a^2 = 324 - 144
a^2 = 180
a = √180
Answer
E. √180
Answer:
V = 3591.4 cm³
Step-by-step explanation:
Volume of Sphere = 
Where r = 9.5 cm
V = 
V = 
V = 
V = 3591.4 cm³
Answer:
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Step-by-step explanation:
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