Use the formula of the present value of an annuity ordinary which is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value 5500
PMT monthly payment?
R interest rate 0.115
K compounded monthly 12
N time 5years
Solve the formula for PMT
PMT=Pv÷ [(1-(1+r/k)^(-kn))÷(r/k)]
PMT=5,500÷((1−(1+0.115÷12)^(
−12×5))÷(0.115÷12))
=120.95
So the answer is C
Hope it helps!
Step-by-step explanation:
If it cost $1200 to install 100 square feet of roofing, then it will cost $13200 to have 1100 square feet installed.
$1200/ 100 square feet multiply 11 on both sides
$13200/ 1100 square feet
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I’m pretty sure the answer is u<19
The ratio of flowers to bouquets is
64:8
With 80 flowers, the ratio would be
80:x
so...
64:8 divide each by 8 to get 8:1
multiply each by 10 to get
80:10
10 bouquets
Answer:
Determine the number of tables by dividing 754 by 6. If there is a remainder, the answer will need to be rounded tenths or hundredths . There is a remainder, so 125.6 tables are needed.
Step-by-step explanation:
