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:
f(x inv)=-1/2x-3
Step-by-step explanation:
You pretty much just have to flip all the numbers to fractions and all the positives to negatives.
y = mx + c
7 = 4(-8) + c
c = 39
The equation is y = 4x + 39
y - 7 = 4 ( x - (-8))
y -7 = 4 (x +8)
Answer:
the question?
Step-by-step explanation: