-2 (3+5y-10) = 34
Step 1) -6-10y+20=34
Step 2) -10y+20=40
Step 3) -10y=20
Step 4) y = -2
Answer is -2
Use the formula of the present value of an annuity ordinary which is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value 5500
PMT monthly payment?
R interest rate 0.115
K compounded monthly 12
N time 5years
Solve the formula for PMT
PMT=Pv÷ [(1-(1+r/k)^(-kn))÷(r/k)]
PMT=5,500÷((1−(1+0.115÷12)^(
−12×5))÷(0.115÷12))
=120.95
So the answer is C
Hope it helps!
1.)subtract 600 from 750 in order to simplify
2.)divide by 15 on both sides to get y alone. Doing this cancels the 15 on the y and makes the right side equal 10
3.)y=10
Answer:
5.86
Step-by-step explanation:
