You asked what it is. It is a "one-step" linear equation in x.
The solution is found by multiplying both sides of the equation by -4. That gives you ...
... x = -100
Answer:
Number 4
Step-by-step explanation:
Option B would yield more in the short term but after Option A surpasses it, it would become more profitable.
Answer:
A Vertical Angle
Step-by-step explanation:
I don’t understand the question
Given is the Present Value of annuity, PV = 1,200,000 dollars.
Given that 4.6% APR compounded monthly i.e. r = 4.6%/12 = 0.003833
Given that 20 years of investment i.e. N = 20x12 = 240
It says to find monthly income from the annuity.
We know the formula for Periodic Payment (when PV is known) is given as follows :-


Hence, Monthly Income would be 7,656.46 dollars.