Answer:
the answer to this question is 7.36....its equation is 16/100*46
8g+10=35+3g You need to find what number g is, just plug in random numbers till both sides are equal
Use the formula of the present value of an annuity ordinary which is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value 5500
PMT monthly payment?
R interest rate 0.115
K compounded monthly 12
N time 5years
Solve the formula for PMT
PMT=Pv÷ [(1-(1+r/k)^(-kn))÷(r/k)]
PMT=5,500÷((1−(1+0.115÷12)^(
−12×5))÷(0.115÷12))
=120.95
So the answer is C
Hope it helps!
Answer:
r = 20
Step-by-step explanation:
-4 = r/20 - 5
-4 + 5 = r/20 - 5 + 5
1 = r/20
1 * 20 = r/20 * 20
r = 20
