Hannah2561 Hannah2561

01-10-2017
Mathematics

contestada

A loan of $12,500 at 9% is to be repaid with n level payments. if in = 128.04, what is the value of n?

Respuesta :

zrh2sfo zrh2sfo

04-10-2017

present value of annuity = annual payment * [ 1 - (1+i)^-n ]/i

=>

12500 = 128.04 * [1-(1+9%/12^-n]/9%/12

=>n = 42 payments

Answer Link

Otras preguntas

prove that the following term

Help me please! Follow the attachment !

URGENT! Find the value of x.

Please answer the attached question by selecting of the the given answers.

Can someone please help me ?

The creative curriculum model claims to be guided by all of the following researchers except A.Maria Montessori B. Jean Piaget C. Erik Erikson D. Howard Gardne

5 POINTS!! please help!! show work too! thank you !

I have 300 beads. My sister has 60 more beads than I did. How many beads do my sister and I have altogether?

given the diagram above the fact that LPOM is a rectangle and the fact that LN≅PN prove ΔLMN≅ΔPON HELP it is timed

¿ A quién vas a dar la llaves de la habitación? A. Los boy a dar la llaves de la habitación B. Las got a dar las llaves de la habitación C. Les boy a dar las l