It depends on if the interest rate of 6% is nominal or not. The question doesn't specify. Let's assume that is is a nominal rate, compounded monthly.
Start with 100000 = x * a angle 132 at .5% per month
This becomes 100000 = x * (1-1.005^-132)/.005
Which becomes (100000(.005))/(1 - 1.005^-132) = x
So x is the PMT, which is 1036.70.
Answer: It's A. -7.
Step-by-step explanation: I've attached an Image of my work.
Answer:
nina rate per mile is 4.7222225.
nina rides her bike for 12 miles
nina goes faster than sophia
Step-by-step explanation: