Find the periodic payment R required to amortize a loan of P dollars over t years with interest earned at the rate of r%/year compounded m times a year. Round your answer to the nearest cent.
P = 100,000, r = 7, t = 11, m = 1
R = $__________
13,335.69
Mathematics
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Solve the problem.Find the amount of money in an account after 7 years if $1800 is deposited at 8% annual interest compounded annually.
A. $3117.02 B. $3145.36 C. $3133.84 D. $3084.88
Mathematics
Decide whether the relation is a function.{(-9, 6), (-9, -8), (2, 5), (3, 7), (10, -6)}
A. Function B. Not a function
Mathematics
Find an equation of the line satisfying the following conditions. If possible, write the equation in slope-intercept form. Horizontal, passing through (5, 6)
A. y = -5 B. y = 6 C. x = -6 D. x = 5
Mathematics
Find the magnitude and direction (in degrees) of the vector v = -3i + 2j.
What will be an ideal response?
Mathematics