Answer:
PV= Max Loan amount = PMT*B(i,T) and PMT = 1200. Calculate B(i,T) = B(6%/12, 360)
=(12/.06)(1-(1/(1.005))360) I will let you complete the calculation
Step-by-step explanation:
Remember that if something is raised to a fraction exponent, the denominator of the fraction is the radical and the numerator stays a power. So it becomes:
fourth root of (48c)^3
Hope this helps
Answer:
I am a professional, worry not
-1.6 < -1.55 < -0.4 < 1.35 < 1.7
Y=(x-4)/2x-11x+28
y=(x/2x)-(4/2x)-11x+28
y=0.5x-2x-11x-28
1. subtract like terms
2. add 28 on both sides
3. so on and so forth...