3 years ago

HELP ASAP HURRY HURRY

Mathematics

1 answer:

Phoenix [80]3 years ago

3 0

I cant see the picture

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Joan Messineo borrowed $47,000 at a 5% annual rate of interest to be repaid over 3 years. The loan is amortized into three eq

tester [92]

Answer:

a) The value of the Annual Payment is A=$17,258.80

b) Is the picture in the attachment file

c) As you can see it in the picture with each payment, balance comes down, due it is the interest base, Interest portion comes down too.

Step-by-step explanation:

a) First of all, we are going to list the Knowns: $VP=47000$ , $i=5$ % and $n=3$ , Then we can use $A=\frac{VP}{\frac{1-(1+i)^{-n} }{i} } =\frac{47000}{\frac{1-(1+0.05)^{-3} }{0.03} }=17258.80$ . So this is the value of the Annual Payment

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nignag [31]

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Why Did Everybody Go to the Boat Show?

Daniel [21]

Step-by-step explanation:

so easy lol u didn't know so lame lol I'm just messing with ya

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State the possible number of zeros.

sp2606 [1]

the answer to the question is

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