SFF = (r/n)/{(1+r/n)^nt-1} ------- where SFF = Sinking fund factor, r = Annual interest rate, n= number of payments per year, t = number of years
Substituting,
SFF = (0.06/2)/{(1+0.06/2)^2*2 -1} = 0.239
PMT = A*SFF = 58,000*0.239 = $13,863.57 ---- The closest answer is $13,863.74
2x+3-x+5
x+8 is the simplified answer.
Hope this helps!!
<h2>86</h2>
Step-by-step explanation:
<h3>(3 × 3 × 3 × 3) + 4.5</h3><h3>81 + 4.5</h3><h3>85.5</h3>
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Answer:
y = 3
Step-by-step explanation:
We need to find the slope. We do so by choosing any two points and dividing the change in the y-coordinates (their difference) by the change in the x-coordinates (their difference). Let's just choose (1, 3) and (0, 3). The slope is: . So, the slope is 0.
We want to write a line in slope-intercept form, which is: y = mx + b, where m is the slope and b is the y-intercept (where the line crosses the y-axis). Here, the slope m = 0. Looking at the graph, we see that the y-intercept is (0, 3), so b = 3. Then, our line is: y = 0x + 3 ⇒ y = 3.
Another note is that this is a horizontal line. One thing to remember is that all horizontal lines have slopes of 0, so their function is simply y = k, where k is a constant through which the line cuts through.