Respuesta :

mhanifa

Answer:

  • $516

Step-by-step explanation:

Given:

  • A = $36000
  • i = 6% or 0.06  
  • n = 5*12 = 60 (5 years with 12 periods each)  
  • d = ?

Use the given formula and find d:

  • [tex]A=d(\frac{(1+0.06/12)^{60}-1}{0.06/12})[/tex]
  • [tex]36000=d*69.77[/tex]
  • [tex]d=36000/69.77[/tex]
  • [tex]d =516[/tex]

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