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
Answer:
62.5
Step-by-step explanation:
1. convert percent value to decimal
30.00/100=.3
2. turn problem into equation where x equals the original price
x*.3=18.75
3. solve
(x*.3=18.750)/.3
x=62.5
X = 1x
1x + 1x+ 2 +1x + 4 = 126
rearrange
1x+1x+1x+2+4=126
3x+6=126
3x +6=126
Answer:
Step-by-step explanation:
-1/4 - (-3/5) =
-1/4 + 3/5 =
-5/20 + 12/20 =
7/20 <==
18 cups ÷ 2.5 cups for each batch = 7.2 batches so its only enough for 7 batches (the .2 isnt really important) not 8