SFF = (r/n)/{(1+r/n)^nt-1} ------- where SFF = Sinking fund factor, r = Annual interest rate, n= number of payments per year, t = number of years
Substituting,
SFF = (0.06/2)/{(1+0.06/2)^2*2 -1} = 0.239
PMT = A*SFF = 58,000*0.239 = $13,863.57 ---- The closest answer is $13,863.74
Answer: y = (x-2)/3
This is equivalent to y = (1/3)x - 2/3
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To get this answer, we need to swap x and y in the original equation. Then solve for y to get the inverse.
y = 3x+2
x = 3y + 2 ... x and y swapped
x-2 = 3y
3y = x-2
y = (x-2)/3
y = x/3 - 2/3
y = (1/3)x - 2/3
This final equation has slope 1/3 and y intercept -2/3
Use the method pemdas and you get x=28
Answer:
It depends on the columns
Step-by-step explanation:
Answer:
No solution.
Step-by-step explanation:
Step 1: Write equation
-3(-x + 4) = 5 + 3(x + 1)
Step 2: Solve for <em>x</em>
- Distribute: 3x - 12 = 5 + 3x + 3
- Combine like terms: 3x - 12 = 3x + 8
- Subtract 3x on both sides: -12 ≠ 8
Here, we see that <em>x</em> has to equal no solution. No value of <em>x</em> would make the equation true.
