Asked by Anonymous
Use a calculator to evaluate an ordinary annuity formula for m, r, and t (respectively). Assume monthly payments. (Round your answer to the nearest cent.)
$150; 8%; 35 yr
Answer = $12.87 but I am wrong can u please help?
$150; 8%; 35 yr
Answer = $12.87 but I am wrong can u please help?
Answers
Answered by
Reiny
Your question makes no sense to me
What is $150 ?
Is the 8% rate compounded monthly?
What is the $12.87 supposed to represent?
You did not define m, r and t
What is $150 ?
Is the 8% rate compounded monthly?
What is the $12.87 supposed to represent?
You did not define m, r and t
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.