Step-by-step explanation:
The formula of the present value of an annuity ordinary is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value 280000
PMT monthly payment?
R interest rate 0.06
K compounded monthly 12
N time 20 years
Solve the formula for PMT
PMT=pv÷[(1-(1+r/k)^(-kn))÷(r/k)]
PMT=280,000÷((1−(1+0.06÷12)^(
−12×20))÷(0.06÷12))
=2,006.01
Answer:
value of x is 31
Step-by-step explanation:
A line is equal to 180
180-159=31
This is correct if you need a better explanation let me know.
Slopes are related to the equation y=mx+b (equation of a line)
The slope is the mx part.
For example:
If the equation had a slope of 1/6, move one up (from the y intercept) and 6 horizontally depending on if the slope is positive or negative.