Given Information:
Monthly payment = MP = $1500/4 = $375
Monthly interest rate = r = 25/12 = 2.083%
Required Information:
Present Value = ?
Answer:
Explanation:
n = 10*4
n = 40 monthly payments
The present value is found by
Where r is monthly interest rate.
MP is the monthly payment.
Therefore, $10,110 is the present value of 10 quarterly payments of $1500 each at 25% interest rate compounded each month.
Answer:
y=-x-5
Step-by-step explanation:
Slope is the x, since slope is equal to -1, x=-1. For the y intercept you simply add or subtract the number given to you, since it is -5 you would add a -5 to the end of the equation
C is the correct answer
good luck
Answer:
9 points
Step-by-step explanation:
4 points in first half + 5 points in second half = 9 points total in the entire game.
Answer:
second supporting point=?
