You would make 1200 because of taxes. That all I know sorry
Answer:
PV= $40,279.36
Step-by-step explanation:
Giving the following information:
Number of periods= 8*12= 96 months
Interest rate= 0.039/12= 0.00325
Future value (PV)= $55,000
<u>To calculate the initial investment, we need to use the following formula:</u>
PV= FV/(1+i)^n
PV= 55,000 / (1.00325^96)
PV= $40,279.36
71
62
88
38
89
76
-15 (i'm inversing everything to make it simple)
The mean is -69.28
The median is 3 that's all I know
