SFF = (r/n)/{(1+r/n)^nt-1} ------- where SFF = Sinking fund factor, r = Annual interest rate, n= number of payments per year, t = number of years
Substituting,
SFF = (0.06/2)/{(1+0.06/2)^2*2 -1} = 0.239
PMT = A*SFF = 58,000*0.239 = $13,863.57 ---- The closest answer is $13,863.74
If you have to estimate I will put $85 and then to find 20 % you just have to kniw that 10% is equal to 8.5 you just move a decimal then you just add 8.5 plus 8.5 = 17 so 20% of 85 is equal to $17 and to find 15% you already know how much is 10%=8.5 so you just need to find 5% that is equal to 4.25 and then you just add 4.25 to 8.5 and that's equal to 12.75
20%= 17
15%=12.5
Answer:
x = - 7, x = 1
Step-by-step explanation:
Given
x² + 6x = 7
To complete the square
add ( half the coefficient of the x- term )² to both sides
x² + 2(3)x + 9 = 7 + 9
(x + 3)² = 16 ( take the square root of both sides )
x + 3 = ± 
= ± 4 ( subtract 3 from both sides )
x = - 3 ± 4
x = - 3 - 4 = - 7
x = - 3 + 4 = 1
Solution set = { - 7, 1 }
The solution to a system of equations is the point that the 2 lines of the graph cross each other.
x = 1 and Y =4
Solution is (1,4)
Answer is C.
