First find the total payments
Total paid
200×30=6,000 (this is the future value)
Second use the formula of the future value of annuity ordinary to find the monthly payment.
The formula is
Fv=pmt [(1+r/k)^(n)-1)÷(r/k)]
We need to solve for pmt
PMT=Fv÷[(1+r/k)^(n)-1)÷(r/k)]
PMT monthly payment?
Fv future value 6000
R interest rate 0.09
K compounded monthly 12
N=kt=12×(30months/12months)=30
PMT=6000÷(((1+0.09÷12)^(30)
−1)÷(0.09÷12))
=179.09 (this is the monthly payment)
Now use the formula of the present value of annuity ordinary to find the amount of his loan.
The formula is
Pv=pmt [(1-(1+r/k)^(-n))÷(r/k)]
Pv present value or the amount of his loan?
PMT monthly payment 179.09
R interest rate 0.09
N 30
K compounded monthly 12
Pv=179.09×((1−(1+0.09÷12)^(
−30))÷(0.09÷12))
=4,795.15
The answer is 4795.15
The answer is a cause Alan
Answer: 40 balloons
Step-by-step explanation:
x=number of balloons
2*4=8
x=(64-50-8)/0.15
x=6/0.15
x=40
Step-by-step explanation:
it is the vertex form.
remember, (h, k) is the vertex point.
the vertex being the point of the (quadratic) parabola, where the curve turns around.
depending on the orientation of the parabola (vertex up or vertex down) as defined by the sign of a, this is either the minimum or the maximum of the curve.
so, the first a. is correct.
and so is the second a., as they play an important role when completing the square and hence finishing the transformation.
