Answer:
The correct answer to the following question will be "70.56".
Step-by-step explanation:
The given values are:
Loan requires, PV = $100,000
Years = 20
Number of months, n = 240
Rate interest = 4.90000%
Monthly rate, r = 0.408333%
Monthly rental payment = $725
As we know,
![PV=PMT\times (\frac{1}{r})\times [1-[\frac{1}{(1+r)^n}]]](https://tex.z-dn.net/?f=PV%3DPMT%5Ctimes%20%28%5Cfrac%7B1%7D%7Br%7D%29%5Ctimes%20%5B1-%5B%5Cfrac%7B1%7D%7B%281%2Br%29%5En%7D%5D%5D)
On putting the values in the above formula, we get
⇒ ![100000=PMT\times (\frac{1}{0.004083333})\times [1-(\frac{1}{(1+0.004083333^{240})})]](https://tex.z-dn.net/?f=100000%3DPMT%5Ctimes%20%28%5Cfrac%7B1%7D%7B0.004083333%7D%29%5Ctimes%20%5B1-%28%5Cfrac%7B1%7D%7B%281%2B0.004083333%5E%7B240%7D%29%7D%29%5D)
⇒ 
⇒ 
⇒ 
Now,

On putting the values, we get
⇒ 
⇒ 
Answer:
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Step-by-step explanation:
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Answer:
Step-by-step explanation:
12.8/2 = 96 / 2 = 48
the answer is the first one
<h2>have a nice day!</h2>
Answer:
-1.96312>-2.2360
Step-by-step explanation:
first find -
which is -2.2360679775
now round it to match the lenth of the other problem
-1.96312...
-2.2360...
now remember that the bigger the negitive number, the smaller it really is,
so
-1.96312>-2.2360