Answer:
P = $ 144.99
Step-by-step explanation:
Given data:
cost of home entertainment center is $2665
duration of deferred payment plan is 18 month
interest rate is 24.36%
Total amount to be paid is 

A = 3695.88
From the information in the questioon this amount is to be paid in 3 year . Thus we have
Monthly payment is =

p = monthly payment
Pv = present value = 3695.88
r =rate per period 
n = number of period 
plugging all value in the above formula

P = $ 144.99
Answer:
-1/18
Step-by-step explanation:
First, you have to change both fractions to have like denominators. The LCM of 2 and 9 is 18.
Second, you have to multiply -1/2 by 9/9 to get a denominator of 18. -1/2 x 9/9 is - 9/18.
Third, you have to multiply 4/9 by 2/2 to get a denominator of 18. 4/9 x 2/2 = 8/18.
Fourth, -9/18 + 8/18 = -1/18
Hope this helps!
Answer:

Step-by-step explanation:




