Answer the following questions.
2 answers:
You might be interested in
Answer:
The right response is Option c ($185,870,742).
Step-by-step explanation:
Given:
n = 30
r = 5.4%
or,
= 0.054
Periodic payment will be:
($)
Now,
The present value will be:
=
By substituting the values, we get
=
=
= ($)
Pretend to (or actually) cut out the given image, stick a pin in point P so it cannot move, and rotate the cutout up and to the left around point P about 1/8 of the way around the circle. The result of doing that is the picture you're looking for.
