First we need to find the semiannual payment because the interest rate is semiannually
350×6 months=2100
Now find the future value of an annuity ordinary using the formula of
Fv=pmt [((1+r/k)^(kn)-1)÷(r/k)]
Fv future value?
PMT semiannual payment 2100
R interest rate 0.0212
K compounded semiannual 2
N time 6years
Fv=2,100×(((1+0.0212÷2)^(2×6)
−1)÷(0.0212÷2))
=26,722.33
Answer:
(20/100)×80=16
Step-by-step explanation:
Answer B is correct --> y = 3.50x + 45
y represents the total cost
x represents the number of miles towed (since it costs 3.50 per one mile, that's why the variable x needs to be here because we don't know how many miles we'll have yet)
Answer:
(5,0)
Step-by-step explanation:
Cause if you graph that point it end up in the purple section that represents the overlapping inequalities...
Hope that helped!!!
