Answer:
Step 2 has the error because they added the five to -3 and got -8 when they should have gotten 2.
Step-by-step explanation:
Answer:
The correct option is B,N-240;1% = 5.6; PV=-205000; PMT=;FV=0;P/Y=12; C/Y=12;
PMT: END
Step-by-step explanation:
The compounding is done monthly which is means that the number of periods for which the compounding is carried is the number of months in twenty years,which is 20*12=240
Only options B and C have N as 240.
The present worth of the loan ,which is the amount of loan is $205,000
Option B has PV=-$205,000
Option C has PV =$0
Ultimately option B which stated the loan amount correctly is the right answer.
Also,the future value of the loan is unknown,hence option B has it as $0-unknown while option C stated it as -$205,000,which effectively means that the PV was used as FV
The answer is 160,000. Since it's positive,move the decimal point 5 times to the right.
ANSWER: 160,000
Answer:
The answer is Z
Step-by-step explanation:
Answer:
-4 and -3
Step-by-step explanation:
-4+-3=-7
