Hi there
The formula of the present value of annuity ordinary is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
So we need to find the monthly payment pmt
Pmt=pv÷[(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value 205000
R interest rate 0.056
K compounded monthly 12
N time 30
PMT=205,000÷((1−(1+0.056÷12)^(
−12×30))÷(0.056÷12))
=1,176.86...answer
Hope it helps
Answer:
14y=mxc I'm I right kwkbs
Answer: 1.08T and (1+8/100)T
Step-by-step explanation:
Given: The average temperature two Sundays ago was T degrees Celsius.
Since, last Sunday, the average temperature was 8% higher than the average temperature two Sundays ago.
⇒ The average temperature last Sunday
Since 8%=0.08
Therefore, The average temperature last Sunday
⇒ The average temperature last Sunday
⇒ The average temperature last Sunday
⇒ The average temperature last Sunday
Thus, the right option is 1.08T and (1+8/100)T.
<h3><u>
Answer:</u></h3>
<h3><u>
Step-by-step explanation:</u></h3>
<u>We know that the lines are parallel because it is given that:</u>
<u>Now, let's form an equation.</u>
<u>Let's solve!</u>
- => 10x + 10 = 180
- => 10x = 170
- => x = 17
Hence, the value of x is 17.
