SFF = (r/n)/{(1+r/n)^nt-1} ------- where SFF = Sinking fund factor, r = Annual interest rate, n= number of payments per year, t = number of years
Substituting,
SFF = (0.06/2)/{(1+0.06/2)^2*2 -1} = 0.239
PMT = A*SFF = 58,000*0.239 = $13,863.57 ---- The closest answer is $13,863.74
The median = the mean because are 2 numbers.
Answer:
1) 16
2) 12
4) 4
5) 0
Step-by-step explanation:
Plug in the value for x in the equation above and solve for y for all 5.
When converted to a household measurement, 9 kilograms is approximately equal to a