25 years: No Payment, but total is 250000
6 months earlier. Payment of "P". It's value 1/2 year later is P(1+0.03)
6 months earlier. Payment of "P". It's value 1 year later is P(1+0.03)^2
6 months earlier. Payment of "P". It's value 1½ years later is P(1+0.03)^3
6 months earlier. Payment of "P". It's value 2 years later is P(1+0.03)^4
We need to recognize these patterns. Similarly, we can identify the accumulated value of all 50 payments of "P". Starting from the last payment normally is most clear.
P(1.03) + P(1.03)^2 + P(1.03)^3 + ... + P(1.03)^50
That needs to make sense. After that, it's an algebra problem.
P[(1.03) + (1.03)^2 + (1.03)^3 + ... + (1.03)^50]
<span>P<span><span>1.03−<span>1.0351</span></span><span>1−1.03</span></span>=250000
</span>If you don't understand plz message me
If you understand plz brainlest
This is pretty easy if you know the formula :)
Thank you and have a nice day!
Answer:
A) 0.8
Step-by-step explanation:
0.8 on edge.
365/4 is the equation then.
91.25 is the exact answer, but the proper one is A.)
25/100 = x/365.
Answer:
what is your question
Step-by-step explanation:
The answer should be (-4,2)
