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:
x=-5/3
Step-by-step explanation:
Add 5 to both sides to get 5=-3x.
Then divide by -3.
And get -5/3=x
Answer:
photomath
Step-by-step explanation:
theres an app where you can take a pic of your problem and it would solve it for you,including fractions. I'm pretty sure it will simplify your answers too.The app is called photomath
We are given the following data:
Sample Size = n = 1000
Sample Mean = u = 15 hours
Population Standard Deviation = s = 2 hours
Since we know the population standard deviation, we can use z distribution to find the confidence interval about the mean. z value for 95% confidence interval is 1.96.
Formula for the confidence interval is:

Using the values in the formula, we get:

Therefore, the 95% confidence interval about the population mean is 14.88 hours to 15.12 hours. So B option is the correct answer.