Answer:
Nominal interest rate is = 9% converible quaterly
we need to find monthy effective interest rate
0.09
i = 0.00744 or 0.75% approximately
i can also be taken as = 0.09/12
now PV of annuity will be the market price i.e x
6 60 *2 ---------------------a
Multiply equation by \frac{1}{1+i} both sides
6 60 2 PV ---------------b
Subtract equation b from a
60 2 PV (1 1+i (1+2)1 (1+2)2 (1+2)3 (1+2)60 (1+961
60 2 PV( 1 +i
on putting i = 0.00744
PV = 2733.88 approximately
X = 2733.88
Step-by-step explanation:
Ok to start you need to break this into a net in your head. Next, calculate each triangle
(6*7)/2 = 21
Then, multiply each triangle by the amount of them.
21*4 = 84
Next, get the area of the square.
7*7 = 49
Lastly, add the triangles and the square up.
49 + 84 = 133
Answer:
0 ≤ x ≤ 30
Step-by-step explanation:
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