Answer:
The PV of an ordinary annuity with 10 payments of $2,700 if the appropriate interest rate is 5.5% is $20,352.
Step-by-step explanation:
P = PMT [(1 - (1 / (1 + r)
)) / r]
= 2,700 [(1 - (1 / (1 + 0.055)
)) / 0.05]
= 2,700 [(1 - (1 / (1 + 0.055))) / 0.05]
= 2,700 [(1 - (1 / (1.708)) / 0.05]
= 2,700 [(1 - 0.58)) / 0.05]
= 2,700 [(0.41457) / 0.05]
= 2,700(7.53)
=$ 20,352
Answer:
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Step-by-step explanation:
To write 0.08333333333 as a fraction you have to write 0.08333333333 as numerator and put 1 as the denominator. Now you multiply numerator and denominator by 10 as long as you get in numerator the whole number.
0.08333333333 = 0.08333333333/1 = 0.8333333333/10 = 8.333333333/100 = 83.33333333/1000 = 833.3333333/10000 = 8333.333333/100000 = 83333.33333/1000000 = 833333.3333/10000000 = 8333333.333/100000000 = 83333333.33/1000000000 = 833333333.3/10000000000 = 8333333333/100000000000
And finally we have:
0.08333333333 as a fraction equals 8333333333/100000000000
Step by step solution :<span>Step 1 :</span><span>Equation at the end of step 1 :</span><span><span> (((3•(x2))•(y4))3)
4•——————————————————
((2x3•(y5))4)
</span><span> Step 2 :</span></span><span>Equation at the end of step 2 :</span><span><span> ((3x2 • (y4))3)
4 • ———————————————
24x12y20
</span><span> Step 3 :</span><span> 33x6y12
Simplify ————————
24x12y20
</span></span>Dividing exponential expressions :
<span> 3.1 </span> <span> x6</span> divided by <span>x12 = x(6 - 12) = x(-6) = 1/<span>x6</span></span>
Dividing exponential expressions :
<span> 3.2 </span> <span> y12</span> divided by <span>y20 = y(12 - 20) = y(-8) = 1/<span>y8</span></span>
<span>Equation at the end of step 3 :</span><span> 27
4 • ——————
16x6y8
</span><span>Step 4 :</span>Final result :<span> 27
—————
4x6y<span>8</span></span>
Answer:
Find the slope of the line that passes through the points shown in the table.
The slope of the line that passes through the points in the table is
.
Step-by-step explanation:
Answer:
Step-by-step explana
Move all terms that don't contain
x
to the right side and solve.
x
=
1
2
+
5
y
2
