Given Information:
Monthly payment = MP = $1500/4 = $375
Monthly interest rate = r = 25/12 = 2.083%
Required Information:
Present Value = ?
Answer:
Explanation:
n = 10*4
n = 40 monthly payments
The present value is found by
Where r is monthly interest rate.
MP is the monthly payment.
Therefore, $10,110 is the present value of 10 quarterly payments of $1500 each at 25% interest rate compounded each month.
172.2 it correct because u have use you brain and u will get the answer u have to try first and put your mind to it when u do that then u will be able to do anything
Answer:
Step-by-step explanation:
Given
Required
First, we calculate the z score
So:
From z probability, we have:
Answer 2 line segments are parallel to FE
The answer is 2 because 2 has a 1/6 (16.667%) and 3 has a 2/6 (33.33%)