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Allisa [31]
3 years ago
13

In the Present Value of an Ordinary Annuity formula, what does the n represent?

Mathematics
1 answer:
Ierofanga [76]3 years ago
7 0
N represents the number of payment periods.  Supposing you arranged for a mortgage to buy a house; you'd have to make n payments of so many dollars per month to pay off the mortgage (the total amount due,with interest).  

If the annual interest rate were r, and payments were due monthly (12 payments per year), then the monthly interest rate would be r/n = r/12.  The typical 30-year mortgage involves monthly payments over a 30 year time span.  This comes to 360 monthly mortgage payments.
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Christine sleep form 11pm until 9am what fraction of a day does Christine sleep​
Natalija [7]

10/24 = 5/12 = 2.5/6

take it as u will

7 0
3 years ago
2.4z+1.2z-6.5=0.7 I don't get it
almond37 [142]
Basically that answer is incorrect. If you'd learn about combining, multiplying, dividing or subtracting like terms, this will be a simple problem. To be specific, like term is a number with a letter with it.

For example, 2.4z is a like term.

so you can only add like term, not any other normal number. When two terms have the same "letter", you will have to do what the sign said so in the problem....

2.4z + 1.2z - 6.5 = 0.7
3.6z - 6.5 = 0.7 (Add but leave the z alone because you are not multiplying)

The final answer is 3.6z - 6.5 because you cannot do anything else to that problem.

3.6z-6.5=0.7 is not true.
3 0
3 years ago
on monday 382 students went on a trip to the zoo. all 9 buses were filled and 4 students had to travel in cars. how many student
Elanso [62]
382 - 4 = 378
378/9 = 42
so there are 42 students on each bus
5 0
3 years ago
Read 2 more answers
What is 4n + 3(n-5) + 2
cluponka [151]

Answer:  7n−13

Step-by-step explanation:

8 0
4 years ago
A medical researcher wants to investigate the amount of time it takes for patients' headache pain to be relieved after taking a
Mariana [72]
<span>A medical researcher wants to investigate the amount of time it takes for patients' headache pain to be relieved after taking a new prescription painkiller. She plans to use statistical methods to estimate the mean of the population of relief times. She believes that the population is normally distributed with a standard deviation of 18 minutes. How large a sample should she take to estimate the mean time to within 4 minutes with 97% confidence?
-----
n = [z*s/E]^2
---

n = [2.17*18/4]^2 = 96 when rounded up

</span>
3 0
3 years ago
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