The present value of an annuity is given by

where: PV is the current value of the annuity, P is the periodic payment, r is the apr, t is the number of compounding in one year and n is the number of years.
Thus, given that PV = $51,800; r = 7.8% = 0.078; t = 12; n = 4.

Therefore, the <span>monthly payment is $1,259.73</span>
Answer:
C: 44
Step-by-step explanation:
Answer:
It's A.
Step-by-step explanation:
<span>1.Take a measurement in feet.
</span>2.Multiply or divide your measurement by a conversion factor.<span>
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