Use the formula of the present value of an annuity ordinary which is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value 5500
PMT monthly payment?
R interest rate 0.115
K compounded monthly 12
N time 5years
Solve the formula for PMT
PMT=Pv÷ [(1-(1+r/k)^(-kn))÷(r/k)]
PMT=5,500÷((1−(1+0.115÷12)^(
−12×5))÷(0.115÷12))
=120.95
So the answer is C
Hope it helps!
Answer:
There are 59.147 millimeters in 12 teaspoons!
Step-by-step explanation:
First one is false, second one is true.
Answer:
a: about 800? nonfiction books in valley
b: valley and central has more fiction than nonfiction books
c: there's probably about 2600 books in hillside
Step-by-step explanation: