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:
the number is three
Step-by-step explanation:
6÷2 is equal to 3, so you do 3x5 which is equal to 15.
Answer:
Right of -7 and left of -1
Step-by-step explanation:
-7 is in the left and -4 is in the right
-7<4
-4 in the left and -1 in the right
-4<-1
just use directions
I have worked out the answer to the question, I hope it helps you. Please do not forget to check if this answer if reliable, I am not always correct
Answer:142
Step-by-step explanation:
