Answer: The answer should be 25.48
Step-by-step explanation: You are multiplying .9 to 28. (28 x .9)
The monthly deposit should be $81.38.
An ordinary annuity is a fixed payment made for a fixed amount of time at the end of each period.
The formula to determine the monthly deposit is:
Future value / annuity factor
Annuity factor = {[(1+r)^n] - 1} / r
Where:
- r = interest rate = 5.5 / 12 = 0.4583%
- n = 20 x 12 = 240
35,450 / [(1.004583)^240 - 1] / 0.004583 = $81.38
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The first = x => the second = x + 4
Sum = x + (x+4) = 56
2x + 4 = 56
2x = 52
x = 26 - the first => the second = 30
Equation in point-slope form is:
Step-by-step explanation:
We are given slope m= 9 and point (-8,-1) and we need to find an equation in point-slope form for the line.
The standard equation of point-slope form is:

So putting value of slope m= 9 and x₁= -8 and y₁= -1 the equation in point-slope form is:

So, equation in point-slope form is:
Keywords: Point-slope form
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