The Present value of an annuity is given by PV = P(1 - (1 + r/t)^-nt)/(r/t)
where: P is the monthly payment, r is the annual rate = 7% = 0.07, t is the number of periods in one year = 12 and n is the number of years = 3.
18,000 - 6,098 = P(1 - (1 + 0.07/12)^-(3 x 12)) / (0.07/12)
11,902 = P(1 - (1 + 0.07/12)^-36) / (0.07/12)
P = 0.07(11,902) / 12(1 - (1 + 0.07/12)^-36) = 367.50
Therefore, monthly payment = $367.50
Answer:
the difference is 2,415 feet.
Step-by-step explanation:
Answer:
Y-3=2(x-0)
Step-by-step explanation:
To find our answer, we have to use point slope form
Point slope form looks like this:
Y-y1=m(x-x1)
When we fill these things in we get,
Y-3=2(x-0)
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Given:
Rule of transformation is
.
Point = (-5,6)
To find:
The missing values in the given steps of transformation.
Solution:
Step 1: A: (-5, 6).

Step 2: Substitute x and y into 

Step 3: Do the math:
Point A' is at (-1 ,4 ).
Therefore, the coordinates of the point (-5,6) after the transformation are (-1,4).