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
They are both equal because the zeros don't count after the number 5.
Answer:
A
Step-by-step explanation:
4×-12
Answer is letter A
hope it help^^
Hack:
x% of 100=x
88% of 100=88
times both sides by 6
88% of 600=6 times 88
88% of 600=528
answer is 528
Answer:
As x decreases without bound, f(x) increases without bound
As x increases without bound, f(x) approaches 0
Step-by-step explanation:
As x gets more and more negative f(x) gets bigger and bigger
f(x) = (7/10) ^ x but x is negative so flip it and then x is a larger number
(10/7) ^ large number so it will get larger
as → -∞ f(x) →∞
As x gets more and more positive f(x) gets smaller and smaller
f(x) = (7/10) ^ x closer and closer to 0. The denominator gets larger faster than the numerator = 1 / large number
as → ∞ f(x) →0
