Answer:
$16,379.75
Explanation:
Calculation for the annual payments that should be made
Using financial calculator to find the PMT
FV = $100,000
Interest rate = 10%
N= 5 years
PMT?
Hence,
PMT = $16,379.75
Therefore the annual payments that should be made so that both forms of payment are equivalent will be $16,379.75
A polymorphic virus is the answer
Answer:
41.49 approx 42 months
Explanation:
To calculate the number of months, we use the formula for loan
p = r(pv) / 1 - (1+r)-n
make n subject of the formula
p ( 1 - ( 1+r) ^-n) = r(pv)
p - p (1+r)^-n = r(pv)
p (1+r)^-n = p-r(pv)
(1+r)^-n = (p-r(pv)) / p
( 1+r)^n = p / (p-r(pv))
n In( 1+r) = In (p / (p-r(pv))
n = In ( p/ ( p - r(pv)) / In ( 1 +r)
n is the number of months, p is the payment per months
pv is the present value of 5000
substitute the values given into the equation
n = (In ( 150 / (150 - ( 0.129 / 12 × 5000)) / ( In ( 1 + ( 0.129 / 12) = 41.49 approx 42 months
A-land
comprises all naturally occurring resources
I think it’s b, most payments paid on time
