Answer:
The correct option is B,N-240;1% = 5.6; PV=-205000; PMT=;FV=0;P/Y=12; C/Y=12;
PMT: END
Step-by-step explanation:
The compounding is done monthly which is means that the number of periods for which the compounding is carried is the number of months in twenty years,which is 20*12=240
Only options B and C have N as 240.
The present worth of the loan ,which is the amount of loan is $205,000
Option B has PV=-$205,000
Option C has PV =$0
Ultimately option B which stated the loan amount correctly is the right answer.
Also,the future value of the loan is unknown,hence option B has it as $0-unknown while option C stated it as -$205,000,which effectively means that the PV was used as FV
Do u have the answer? because I'm not sure
Answer:
Step-by-step explanation:
1) -5 +3 = -2
When two numbers are in different sign, subtract and the result will have the bigger numbers sign. The bigger number is 5. so the result is (-2)
2) -7 - 2 = -9
When two numbers have same sign, add and the result will have the common sign
3) 122 * (-9) = - 1098
4) -6 ÷ (3/4)
= -8
Answer:
1.one solution
2.no solution
3.ifinitly many
Step-by-step explanation:
