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marusya05 [52]
3 years ago
11

I need help... someone help me.... I need the answer and you want to save 20,000 for a down payment on a home by making regular

monthly deposits over five years please no links or I will report you

Mathematics
1 answer:
Marizza181 [45]3 years ago
4 0

Answer:

279.36

Step-by-step explanation:

start by finding the effective rate: .07/12= .0058333333333

x= payment

20000=x\frac{(1+.0058333333333)^{5*12}-1}{.0058333333333}\\20000=71.59290171x\\x=279.3573039

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The first element in an arithmetic sequence is 2. Its twenty second is 14. Find the value of n so that a(n)=6
Aleks04 [339]

Answer:

<h2>n = 8</h2>

Step-by-step explanation:

Given the nth term of an arithmetic sequence to be Tn = a+(n-1)d

a = first term of the sequence

n = number of terms

d = common difference.

Given the first element a = 2 and 22nd to be 14

T22 = a+(22-1)d = 14

a+21d = 14

Substtuting a = 2 into the equation to get d

2+21d = 14

21d = 12

d = 12/21

d = 4/7

The nth term of the sequence given a = 2 and d = 4/7 will be expressed as;

Tn = 2+(n-1)4/7

Given Tn = 6

6 = 2+(n-1)4/7

6 = 2+4/7 n - 4/7

6-2+4/7 = 4/7 n

32/7=4/7 n

32 = 4n

n = 32/4

n = 8

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