Could you please attach the graph itself because the question is not proper
The Present value of an annuity is given by PV = P(1 - (1 + r/t)^-nt)/(r/t)
where: P is the monthly payment, r is the annual rate = 7% = 0.07, t is the number of periods in one year = 12 and n is the number of years = 3.
18,000 - 6,098 = P(1 - (1 + 0.07/12)^-(3 x 12)) / (0.07/12)
11,902 = P(1 - (1 + 0.07/12)^-36) / (0.07/12)
P = 0.07(11,902) / 12(1 - (1 + 0.07/12)^-36) = 367.50
Therefore, monthly payment = $367.50
Answer:
A
Step-by-step explanation:
So that is a 90 degree angle and there is an angle of 30. 30-90 is 60. 60 divided by 4 is 15. So thus the answer is A,15.
The answer to the question is B
First Blank : Linear
Second Blank: One solution
Third Blank: Infinite solutions
Fourth Blank: (i don't know) but i am thinking that it is a single point which marks the intersection of the two (or more) graphed lines. its like the point of intersection
