$2,500 • 7.5% (or 0.075) = $187.50 (for one year).
For two years, the interested added onto the original price is $375 because $187.50 • 2 (years) = $375.
$2,500 + $375 = $2,875
The total of the cost of the surgery and the interest is $2,875.
Hope this helps! ❤️
Hi there
The formula of the future value of annuity ordinary is
Fv=pmt [(1+r/k)^(kn)-1)÷(r/k)]
Fv future value?
PMT monthly payment 608
R interest rate 0.06
K compounded monthly 12
N time 6years
So
Fv=608×(((1+0.06÷12)^(12×6)
−1)÷(0.06÷12))
=52,536.58...answer
Good luck!
The rise is the vertical distance between the two points, which is the difference between their y-coordinates. That makes the rise y2 − y1. The run between these two points is the difference in the x-coordinates, or x2 − x1.
Answer:
I believe your answer is z5√z the fourth option
To round money to the nearest cent you would see in the ones place what that number is and if it is at or higher than 5 it would round up to 2.20
Did that help any I hope so:) if not tell me I will have another strategy