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:
y-2 = -2(x+1)
Step-by-step explanation:
Find the slope(m) first using the two points (3, -6) and (-1, 2).
Slope: -2
Next, plug in x₁ and y₁. I plugged in (-1, 2)
Suplementary is angles add up to 180 degrees
C=180-D
C=180-84
C=96 degrees
Hope this helped :)
Answer:
The inverse of xy is yx.
Step-by-step explanation:
Given: xy
We need to find the inverse of xy.
To find inverse of an expression, we need to replace the variable x by y and y by x.
Given xy.
Now replace x by y and y by x, we get
yx
Therefore, the inverse of xy is yx.
Let me show you an example.
y = x - 2
To find the inverse function, replace x by y and y by x, we get
x = y - 2
It is an equation, to write the equation in terms of y, add 2 from both sides, we get
x + 2 = y -2 + 2
x + 2 = y
Therefore, y = x + 2