SFF = (r/n)/{(1+r/n)^nt-1} ------- where SFF = Sinking fund factor, r = Annual interest rate, n= number of payments per year, t = number of years
Substituting,
SFF = (0.06/2)/{(1+0.06/2)^2*2 -1} = 0.239
PMT = A*SFF = 58,000*0.239 = $13,863.57 ---- The closest answer is $13,863.74
Answer:
y = 1/4x + 3
Step-by-step explanation:
m = 1/4, (-4,2)
y -2 = 1/4(x - - 4)
y - 2 = 1/4 (x + 4)
y - 2 = 1/4x + 1
y = 1/4x + 1 + 2
y = 1/4x + 3
Answer:
Option 1
Step-by-step explanation:
A total of 48 students will not go to college
I don’t see the table necessary in order to solve this question