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| rev | Admin | (Created page with "'''Answer C''' <math>\mathrm{OB}_0=35,000</math> 16 years <math>\mathrm{i}=.09</math> for 9 years then .11 for 7 years Initial payments would be: <math display="block"> 35,000=\mathrm{xs}_{\overline{16} | .09}=1,060.50 </math> Just after the <math>9^{\text {th }}</math> payment the balance would be: <math display="block"> 1,060.50 \mathrm{~s}_{\overline{16} |.09}=13,808.81 </math> At .11 for the next 7 years the accumulated amount will be 35,000 if: : <math di...") | Nov 22'23 at 9:24 | +873 |