Answer:
So, $83.40 should be paid monthly
Step-by-step explanation:
5000 divided by 5 = 1000
1000 should be paid yearly
1000 divided by 12 = 83.40
12 represents the number of months in a year.
The solution to the problem is as follows:
let
R = $619.15 periodic payment
i = 0.0676/12 the rate per month
n = 48 periods
S = the future value of an ordinary annuity
S = R[((1 + i)^n - 1)/i]
S = 619.15*[(1 + 0.0676/12)^48 - 1)/(0.0676/12)]
S = $34,015.99
I hope my answer has come to your help. God bless and have a nice day ahead!
Answer: 3
Step-by-step explanation:
He can put 3 different outfits together
The answer to your question is 7a.
