Answer:
2,000
Step-by-step explanation:
Your choices are 1,000 or 2,000 because 1672 is between those two numbers. Which is 1672 closer to ? 2,000
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
Thank you so much friend.
I think a advantage of this will be that we will be able to tell our grandchildren about how we survived the pandemic, just like our grandparents talk about World War. Lol.
Answer:
The rock splashes down when h(t) = 0. Set h(t) = 0 and solve for t using quadratic formula.
0 = − 4.9t^2 + 178t + 325
t = 38.07, -1.74
(Throw away the negative answer, since time can't be negative.)
t = 38.07 sec
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Lois is correct. This is because multiplication is repeated addition. It means that when your addends are just the same number but added several times, the sum is just equivalent to the product of that number times the number of times it was added. For example, 4+4+4 = 4×3 = 12.