Answer:
Step-by-step explanation:
Answer: D)$17.60
It depends on if the interest rate of 6% is nominal or not. The question doesn't specify. Let's assume that is is a nominal rate, compounded monthly.
Start with 100000 = x * a angle 132 at .5% per month
This becomes 100000 = x * (1-1.005^-132)/.005
Which becomes (100000(.005))/(1 - 1.005^-132) = x
So x is the PMT, which is 1036.70.
Answer:
answer is 0.697 !
Step-by-step explanation:
the answer should be A because the sea level has rised