Answer:
$110.37
Step-by-step explanation:
Assuming the monthly payment is made at the beginning of the month, the formula for the monthly payment P that gives future value A will be ...
... A = P(1+r/12)((1+r/12)^(nt) -1)/(r/12) . . . . n=compoundings/year, t=years
... 14000 = P(1+.11/12)((1+.11/12)^(12·7) -1)/(.11/12)
... 14000 = P(12.11)((1+.11/12)^84 -1)/0.11 ≈ P·126.84714 . . . . fill in the given values
... P = 14000/126.84714 = 110.37 . . . . . divide by the coefficient of P
They should deposit $110.37 at the beginning of each month.
24 right box VEDR - 6(4)
9 Left triangle VMR - 0.5 (6)(3)
24 + 9 = 33
Answer:
-2
Step-by-step explanation:
x^2 + x=2
Subtract 2 from each side
x^2 + x-2=2-2
x^2 + x-2=0
Factor
What 2 numbers multiply to -2 and add to 1
2*-1 = -2
2+-1 =1
(x-1)(x+2)=0
Using the zero product property
x-1 = 0 x+2 = 0
x=1 x = -2
Product of the roots
1*-2 = -2
2.41667, you can also find a converter online.
