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wow way to manage momey here sarah
Answer:
The correct option is B,N-240;1% = 5.6; PV=-205000; PMT=;FV=0;P/Y=12; C/Y=12;
PMT: END
Step-by-step explanation:
The compounding is done monthly which is means that the number of periods for which the compounding is carried is the number of months in twenty years,which is 20*12=240
Only options B and C have N as 240.
The present worth of the loan ,which is the amount of loan is $205,000
Option B has PV=-$205,000
Option C has PV =$0
Ultimately option B which stated the loan amount correctly is the right answer.
Also,the future value of the loan is unknown,hence option B has it as $0-unknown while option C stated it as -$205,000,which effectively means that the PV was used as FV
I think it is 51.5, cause 412÷8 =51.5
Answer:
divide the equation by 5
Step-by-step explanation:
all the components are factors of 5 so if we divide by 5, then we get as x² - 2x = -1
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