The Present value of an annuity is given by PV = P(1 - (1 + r/t)^-nt)/(r/t)
where: P is the monthly payment, r is the annual rate = 7% = 0.07, t is the number of periods in one year = 12 and n is the number of years = 3.
18,000 - 6,098 = P(1 - (1 + 0.07/12)^-(3 x 12)) / (0.07/12)
11,902 = P(1 - (1 + 0.07/12)^-36) / (0.07/12)
P = 0.07(11,902) / 12(1 - (1 + 0.07/12)^-36) = 367.50
Therefore, monthly payment = $367.50
Answer: 306 cm^2
Step-by-step explanation:
Surface is found by add all the areas of the sides together, including sides, top and bottom. You might need to divide the 3D shape into different shapes in order to find the area of the sides/top/bottoms. Area for rectangle = bxh.
Hi there!
is definitely a factor of the the given terms. However, 4 is not the <em>greatest</em> common factor between 8 and 48; it is 8. Therefore, the GCF of the given terms would instead be 
.
I hope this helps!
