Answer:
37 just did it on my test and got it right
Step-by-step explanation:
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The future value of a monthly deposit A=125.30 at annual interest i=0.015 per annum for n=35 years compounded monthly is given by
FV=A((1+i/12)^(12*n)-1)/(i/12)
=125.30(1+0.015/12)^(12*35)/(0.015/12)
=$69156.05
The annuity formula is given by
Payment = r(PV)/(1-(1+r)^(-n))
where
r=interest rate per period = 0.015/12
PV= $69156.05
n=20*12=240
so
Payment = (0.015/12)<span>69156.05/(1-(1+0.015/12)^(-240))
= $333.71 per month.</span>
Answer:
Step-by-step explanation:
X^2-6x+5=x^2-5x-x+5=x(x-5)-(x-5)=(x-5)(x-1)
Then we have (x-5)(x-1)=0 if x=5 or x=1.
Intersections on x are points (1,0) and (5,0), middle is (3,0).
Intersection with y is when put x=0 in equation, so you will get y=0-6*0+5, y=5. The point is (0,5).
From picture symmetry is line x=3.
