Hi there
The formula of the present value of annuity ordinary is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
So we need to find the monthly payment pmt
Pmt=pv÷[(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value 205000
R interest rate 0.056
K compounded monthly 12
N time 30
PMT=205,000÷((1−(1+0.056÷12)^(
−12×30))÷(0.056÷12))
=1,176.86...answer
Hope it helps
Answer:
B
Step-by-step explanation:
Start by breaking down the equation
-1/2 x 10 = -5
-1/2x1/4=-1/4
Then combine your answer
-5=1/8
Answer:
5+5=10
5x2=10
Together, they equal 20.
Step-by-step explanation:
Answer:
the answer is y= 2/1x + 10
