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Ilya [14]
3 years ago
9

Find the amount of each payment necessary to amortize the following loan.

Mathematics
1 answer:
Sonbull [250]3 years ago
3 0
Use the formula of the present value of annuity ordinary
The formula is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value 84700
Pmt payment per quarter ?
R interest rate 0.10
K compounded quarterly 4
N time 9 years
We need to solve for pmt
Pmt=pv÷ [(1-(1+r/k)^(-kn))÷(r/k)]
Pmt=84,700÷((1−(1+0.10÷4)^(−4
×9))÷(0.10÷4))=3,595.65

Hope it helps
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T/0.3 = 1.7/0.9 ( the one I'm pointing at)
Vikentia [17]
I hope this helps you

3 0
3 years ago
Identify the graph described by the function p(x)=x/10 for x=1,2,3,4
san4es73 [151]

Answer:

Graph A is correct

Step-by-step explanation:

p(x)= x/10

x= 1, 2, 3, 4

Plug in x  values in p(x)

when x=1 , then P(1) = 1/10

When x=2 , then P(2) = 2/10

When x=3 , then P(3) = 3/10

When x=4 , then P(4) = 4/10

In the graph y axis has 2/10 , 4/10 , 6/10...

1/10 lies between 0  and 2/10

3/10 lies between 2/10 and 4/10

Graph A is correct

7 0
3 years ago
Assume the annual day care cost per child is normally distributed with a mean of ​$9000 and a standard deviation of ​$1000. What
Tpy6a [65]

Answer:

65.54% (nearest hundredth)

Step-by-step explanation:

Given:

  • \sf \mu=9000
  • \sf \sigma=1000

\sf X \sim N(\mu, \sigma^2)\implies X \sim N(9000,1000^2)

P(X > 8600) = 1 - P(X ≤ 8600)

                    = 1 - 0.3445782584

                    = 0.6554217416

                    = 65.54%

3 0
2 years ago
Jaquan practices soccer every three days. He practices basketball every five days Jaquan practiced both today. How many days unt
Svetach [21]

Answer: He will practice both on every 15 days.

Step-by-step explanation:

Given: Jaquan practices soccer every 3 days.

He practices basketball every 5 days Jaquan practiced both today.

The number of days until he practices both = Least common multiple of 3 and 5

= 3 x 5    [Both are primes]

= 15

Hence, he will practice both on every 15 days.

  • Least common multiple  of two numbers p and  q is the smallest number that is divisible by both p and q.
7 0
3 years ago
HELP ME PLEASE LOVE U GUYS <33
geniusboy [140]

Answer:

100 in square

Step-by-step explanation:

LSA of square based pyramid = 2×a×l

= 2×5×10

= 100 in square

3 0
3 years ago
Read 2 more answers
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