find the size of each of 66 payments made at the end of each year into a 88% rate sinking fund which produces $36000 at the end of 66 years.
the payment size is $

$7787.99

Step-by-step explanation:

We know that the formula to find the periodic payment on an annuity is given by :-

, where PV is the present value , r is the rate of interest ( in decimal ) and n is the number of payments.

Given : Present value : $36000

Rate of interest = 8%=0.08

Time period = 6 years

Then , the periodic payment will be :-

Hence, the payment size is $7787.99.

you forgot the options, but i found them anyways, the correct answer is "john wilson believes that words and actions based on the intellect are superior to those based on emotions".

john wilson is depicted as an extremely intelligent man. the point of the excerpt is to make a sort of distinction between emotional and rational intelligence. he happens to have both attributes, but he clearly favors his intellectual gifts. at the same time, because of his religious background, he's a little bit conflicted with this and it makes him ashamed.

hope this !

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step-by-step explanation: