Answer:
46
Step-by-step explanation:
The group of values plugged into the TVM Solver of a graphing calculator that will return the amount of a 25-year loan with an APR of 16.8%, that is paid off with monthly payments of $340 is:
A. N=300; 1%-1.4; PV = PMT=-340; FV=0; P/Y=12; C/Y=12;PMT:END
What is monthly compounding?
Monthly compounding in this case the number of payments would be the number of monthly payments in 25 years, which is 300 monthly payments(i.e. 12*25=300), this means that options B and D are obviously incorrect because number of payments, N is given as 25( 25 years instead of 300 months)
What is monthly interest rate?
The monthly interest is the annual interest rate of 16.8% divided by 12, which is 1.40%, in short, option C is also wrong because I/Y(monthly interest rate) was as shown as an interest rate of 16.8% instead of 1.40%
Overall, the correct option is A, because the number of payments and interest rate were stated correctly, unlike other options that were incorrectly written
Find out about more about TVM Solver notations on:brainly.com/question/14586708
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Answer:
The equipment will cost $1740.
Step-by-step explanation:
Let the Cost of equipment, furniture and decoration be x, y and z.
Now, According to question,
x + y + z = 3600 ...... (1) (cost of all items)
x = 500 + y (∵ equipment cost 500 more than furniture)
and y = 2z ( ∵ furniture twice as much as decoration)
so, z = y/2
Now substituting the value of x and z in eq (1)
So, the cost of furniture (y) = 1240
∴ Cost of equipment = y + 500 = 1240 + 500 = 1740
Therefore the cost of equipment was $1740.
You have to put the numbers in order and find the middle value so in this case it's-
2, 4, 4, 5, 6, 7, 8, 8, 8
The answer is $6
No "x" can not be repeated, a function has one x-element and one y-element
