Answer:
35
Step-by-step explanation:
35 is exactly 152 but since its asking for greater then you're right it is 36.
But since it says '>' it means not equal to so it would be:
x > 35
or
x ≥ 36
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
pls mark as brainlist
Step-by-step explanation:
1)70,108,262
2)5,319,602
Answer:
58.678
Step-by-step explanation:
Just make the answer reach 3 numbers after the decimal point.
