Can someone please help me on mymath
1 answer:
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Answer:
the amount that necessary to fund is $2,671.61
Step-by-step explanation:
The computation of the amount is shown below;
Given that
PMT = $270
NPER = 6 × 2 = 12
RATE = 6.2% ÷ 2 = 3.1%
FV = $0
The formula is shown below:
=-PV(RATE;NPER;PMT;FV;TYPE)
After applying the above formula the present value is $2,671.61
hence, the amount that necessary to fund is $2,671.61
First, you need to have a common denominator for all of them, in this case, they can all go in 18 so that will be the common denominator.
Now you can tell which ones are the biggest or smallest. So from least to greatest you would have this.
Now you can tell which ones are the biggest or smallest. So from least to greatest you would have this.