IM TRYNA GET THIS TOOOOO :(
Answer:
77.8743
Step-by-step explanation:
that is the awse if not it should look like 77.874
629,500 is the answer to your question
Use the formula of the present value of an annuity ordinary which is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value 5500
PMT monthly payment?
R interest rate 0.115
K compounded monthly 12
N time 5years
Solve the formula for PMT
PMT=Pv÷ [(1-(1+r/k)^(-kn))÷(r/k)]
PMT=5,500÷((1−(1+0.115÷12)^(
−12×5))÷(0.115÷12))
=120.95
So the answer is C
Hope it helps!
Since the co-efficient or "r" is "-3" and "-3", it will simplify to "-6" as -3-3= -6.
then the two constant terms with are "7" and "-12" will simplify to "-5" as 7-12=-5. therefore, the simplest form is -6r -5
hope it helped!
