Answer:
Loan payment = Loan amount / Discount factor
Number of Periodic Payments (n) = Payments per year times number of years. Periodic Interest Rate (i) = Annual rate divided by number of payments per. Discount Factor (D) = {[(1 + i) ^n] - 1} / [i(1 + i)^n]
Step-by-step explanation:
Answer:
The y-intercept is 4
Step-by-step explanation:
You find the y-intercept by finding where x is zero. In the table, when x=0 the y=4. The y-intercept is 4. The graph of the function crosses the x-axis at the point (0,4).
I don’t know but Good luck
Answer:
$693
Step-by-step explanation:
Catherine invested a principal of $1,650 in her bank account with;
interest rate of 3.1%
How much interest did she earn in 14 years?
To find the amount accumulated in the 14 years, we use the formula:
A = P(1 + rt)
Where A is the amount accumulated, P is the principal, r is the interest rate and t is the time.
A = $1650(1 +
(14))
A = $1650 + $693 = $2343
Interest = Amount (A) - Principal (P) = $2343 - $1650 = $693
The rule that represents those numbers is .....idk