Respuesta :

mhanifa

Answer:

  • $231

Step-by-step explanation:

Given:

  • A = 44000
  • i = 0.375% or 0.00375
  • n = 12*12 = 144 (12 years and 12 periods per year)
  • d = ?

Use the given formula and find d:

  • [tex]44000 = d(\frac{(1+0.00375)^{144}-1}{0.00375})[/tex]
  • [tex]44000 = d*190.47[/tex]
  • [tex]d = 44000/190.47[/tex]
  • [tex]d = 231[/tex]