The formula of the present value of an annuity ordinary is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value 280000
PMT monthly payment?
R interest rate 0.06
K compounded monthly 12
N time 20 years
Solve the formula for PMT
PMT=pv÷[(1-(1+r/k)^(-kn))÷(r/k)]
PMT=280,000÷((1−(1+0.06÷12)^(
−12×20))÷(0.06÷12))
=2,006.01
Answer:B
Step-by-step explanation:I hope it help
Answer:
3.46
Step-by-step explanation:
Answer:
The answer is "0.3206".
Step-by-step explanation:
Testing statistic:
Calculating the P-value Approach
At max a rotation can be equal to π or 180°
So if it's rotated 110° counterclockwise then it's equal to rotation of supplementary angle clockwise
Supplementary angle=180-110=70°
70° rotation clockwise
