Help..........................
2 answers:
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We can calculate it by PVOA table.
PVOA means present value of an ordinary annuity.
PMT = $350
PMT means recurring payment.
time = 5 years and interest rate is 4%
So n = 5 and i = 4%
So we can calculate PVOA as
PVOA = PMT times (PVOA factor for n = 5 and i = 4%)
(PVOA factor PVOA table)
So present value is $1558.2
PVOA means present value of an ordinary annuity.
PMT = $350
PMT means recurring payment.
time = 5 years and interest rate is 4%
So n = 5 and i = 4%
So we can calculate PVOA as
PVOA = PMT times (PVOA factor for n = 5 and i = 4%)
So present value is $1558.2
Answer: Since it is not a perfect square my answer is the square root of 261 or 16.16 which is rounded to the nearest hundredth.
Step-by-step explanation:
10^2 + b^2 = 19^2
100 + b^2 = 361
-100 -100
b^2 = 261
b=