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Sladkaya [172]
3 years ago
10

Number 5 please help me​

Mathematics
1 answer:
Vesna [10]3 years ago
3 0

Answer:

I think C or D

Step-by-step explanation:

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3 1/4 - 1 3/8 (please help)
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Step-by-step explanation:

8 0
2 years ago
Joan Messineo borrowed ​$47,000 at a 5​% annual rate of interest to be repaid over 3 years. The loan is amortized into three​ eq
tester [92]

Answer:

a) The value of the Annual Payment is A=$17,258.80

b) Is the picture in the attachment file

c) As you can see it in the picture with each payment, balance comes down, due it is the interest base, Interest portion comes down too.

Step-by-step explanation:

Hi

a) First of all, we are going to list the Knowns: VP=47000, i=5% and n=3, Then we can use A=\frac{VP}{\frac{1-(1+i)^{-n} }{i} } =\frac{47000}{\frac{1-(1+0.05)^{-3} }{0.03} }=17258.80. So this is the value of the Annual Payment

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