Answer: 7(m+2m) is equal to 7(m) + 7(2m)
Based on the value of the annuity, the amount it earns, and the compounding period, the money paid to Nathan each month will be B. $5,840.62.
<h3>How much will Nathan be paid monthly?</h3>
The amount Nathan will be paid is an annuity because it is constant.
First find the monthly interest and the compounding period in months:
= 4.8/12 months
= 0.4%
Number of compounding periods:
= 20 x 12
= 240 months
The monthly payment is:
Present value of annuity = Annuity x ( 1 - (1 + rate) ^ -number of periods) / rate
900,000 = A x ( 1 - (1 + 0.4%)⁻²⁴⁰) / 0.375%
900,000 = A x 154.0932
A = 900,000 / 154.0932
= $5,840.62.
Find out more on the present value of an annuity at brainly.com/question/25792915.
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600 - 20w > 300
-20w > 300 - 600
-20w > - 300
20w < 300
w < 300/20
w < 15
Therefore, Jenny can withdraw $20 from her account for 14 weeks
Answer:
-8/15
Step-by-step explanation:
The decimal is -0.53 if you need that also
