Answer:
k = 168
Step-by-step explanation:
rewrite the equation
Multiply 42 to isolate k. Do the same on the other side
42 * 4 = 168 When you do that you get 168.
Answer:
33 plz braniest i think i help you
Step-by-step explanation:
Answer:
Annual payument (PMT)= $1,663.19
Step-by-step explanation:
Giving the following information:
Loan (PV)= $250,000
Monthly interest rate (i)= 0.07/12= 0.005833
Number of periods (n)= 12*30= 360 months
<u>To calculate the monthly payment, we need to use the following formula:</u>
Annual payument (PMT)= (PV*i) / [1 - (1+i)^(-n)]
Annual payument (PMT)= (250,000*0.005833) / [1 - (1.005833^-360)]
Annual payument (PMT)= $1,663.19
Answer:
-333
Step-by-step explanation:
It seems like it is going down by -30 each term.