Answer:
7/8 to the 7th power
Step-by-step explanation:
The correct answer is: "
" .
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<u>Step-by-step explanation</u>:
Based on the assumption that the "1" repeats infinitely; in the given value:
" 33.61111111 ...." ;
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Note that the "611" ; after the decimal point; this goes to the "thousandths";
place (is "3 (three) digits long.").
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As such; we rewrite the number as:
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"
" ;
and we multiply BOTH the "numerator" And the "denominator" by: "1000" :
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→ "
" ;
to get:
→ "
" ; → which cannot be reduced any further.
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The correct answer is: "
" .
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Hope this is helpful to you!
Wishing you the best!
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See the attached picture:
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:
,
% and
, Then we can use
. So this is the value of the Annual Payment