Answer:
2( 2n-3)
Step-by-step explanation:
4n-6
2*2 n - 2*3
Factor out the greatest common factor
2( 2n-3)
First find the total payments
Total paid
200×30=6,000 (this is the future value)
Second use the formula of the future value of annuity ordinary to find the monthly payment.
The formula is
Fv=pmt [(1+r/k)^(n)-1)÷(r/k)]
We need to solve for pmt
PMT=Fv÷[(1+r/k)^(n)-1)÷(r/k)]
PMT monthly payment?
Fv future value 6000
R interest rate 0.09
K compounded monthly 12
N=kt=12×(30months/12months)=30
PMT=6000÷(((1+0.09÷12)^(30)
−1)÷(0.09÷12))
=179.09 (this is the monthly payment)
Now use the formula of the present value of annuity ordinary to find the amount of his loan.
The formula is
Pv=pmt [(1-(1+r/k)^(-n))÷(r/k)]
Pv present value or the amount of his loan?
PMT monthly payment 179.09
R interest rate 0.09
N 30
K compounded monthly 12
Pv=179.09×((1−(1+0.09÷12)^(
−30))÷(0.09÷12))
=4,795.15
The answer is 4795.15
Answer: -2 and -1
You have the correct answer.
The values of BMW after 2 years and 4 years according to the EXPONENTIAL FUNCTION are $33,462 and $20,358.28
Using the parameters given, we define an decreasing exponential function :
Where,
= initial amount ; r = Rate ; t = time ; A = final amount
Value after 2 years :
t = 2
A = 55000(1 - 0.22)²
A = 55000(0.78)²
A = $33,462
Value after 4 years :
t = 4
A = 55000(1 - 0.22)^4
A = 55000(0.78)^4
A = $20,358.28
Therefore, the value of BMW after 2 years and 4 years $33,462 and $20,358.28 respectively.
Learn more :
brainly.com/question/14355665
My reasonable estimate might be about 2 1/2 feet. I know that because taking three rulers up to your bedroom or a normal room and get about 2 or 2 1/2 feet
