Answer: $7787.99
Step-by-step explanation:
We know that the formula to find the periodic payment on an annuity is given by :-
, where PV is the present value , r is the rate of interest ( in decimal ) and n is the number of payments.
Given : Present value : $36000
Rate of interest = 8%=0.08
Time period = 6 years
Then , the periodic payment will be :-
Hence, the payment size is $7787.99.
Answer:
u = - ( 9-6w)/2
Step-by-step explanation:
to evaluate for u in the expression -2u+6w=9 is simply to look for a way such that we would express u in terms of w and other variables.
solution
-2u+6w=9
-2u = 9 - 6w
divide both sides by the coefficient of u which is -2
-2u/u = 9 - 6w/-2
u = - ( 9-6w)/2
therefore the value of u when rearranged in the equation -2u+6w=9 is evaluated to be equals to
u = - ( 9-6w)/2
Answer:
Step-by-step explanation:
It said the greatest amount,
So change 50% to .50
120x.50=60
