Answer:
Bart is correct
Step-by-step explanation:
1. C) The amount that something can hold. Usually means volume, such as milliliters (ml) or liters (l) in Metric, or pints or gallons in Imperial.
It is the amount something can hold.
Answer:
Step-by-step explanation:
This is an Annuity question. It is asking for recurring monthly payment(PMT). <em>You can use a financial calculator to solve it. I am using (Texas Instruments BA II plus)</em>
Since the payments occur monthly , adjust the interest rate to monthly rate and multiply 40 years by 12 since we have 12 months in a year<em>.</em>
Total duration of investment ; N = 40*12 = 480
Interest rate; I/Y = 5.75% /12 = 0.4792%
Future value; FV = 6,000,000
Present value ; PV = 0
then CPT PMT = 3,222.912
Therefore $3,222.91 should be deposited each month to achieve the goal.
Answer:
im not sure but i think its 48
Step-by-step explanation:
if you divide the two you get 96. Divide that by the average rate number (2) and get 48.
