Answer:
option A
Step-by-step explanation:
option A is the correct answer of this question.
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40 x 100L which is wrong but i need points
The question is an annuity question with the present value of the annuity given.
The
present value of an annuity is given by PV = P(1 - (1 + r/t)^-nt) /
(r/t) where PV = $61,600; r = interest rate = 9.84% = 0.0984; t = number
of payments in a year = 6; n = number of years = 11 years and P is the
periodic payment.
61600 = P(1 - (1 + 0.0984/6)^-(11 x 6)) / (0.0984 / 6)
61600 = P(1 - (1 + 0.0164)^-66) / 0.0164
61600 x 0.0164 = P(1 - (1.0164)^-66)
1010.24 = P(1 - 0.341769) = 0.658231P
P = 1010.24 / 0.658231 = 1534.78
Thus, Niki pays $1,534.78 every two months for eleven years.
The total payment made by Niki = 11 x 6 x 1,534.78 = $101,295.48
Therefore, interest paid by Niki = $101,295.48 - $61,600 = $39,695.48
Answer:
D. 2
Step-by-step explanation:
M(0,2b)
N(2a,0)
Then the midpoint P coordinates are
P\left(\dfrac{2a+0}{2},\dfrac{0+2b}{2}\right)\Rightarrow P(a,b)
Use distance formula to find OP and MN:
OP=\sqrt{(a-0)^2+(b-0)^2}=\sqrt{a^2+b^2}\\ \\MN=\sqrt{(2a-0)^2+(2b-0)^2}=\sqrt{4a^2+4b^2}=2\sqrt{a^2+b^2}
So,
MN=2OP
or
OP=1/2 MN
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