Answer:
The loan will be paid after 39 monthly installments.
Step-by-step explanation:
Since I am paying off a student loan in monthly installments, and after the 4th payment the remaining balance is $ 13,900, while after the 5th payment my remaining balance is $ 13,500, to determine the amount of payments in which the loan was agreed I must perform the following calculation:
13900 - 13500 = 400
400 x 5 = 2000
2000 + 13500 = 15500
15500/400 = 38.75
Thus, the loan will be paid after 39 monthly installments.
Answer:
94.2 ft of fencing
Step-by-step explanation:
To answer this, find the circumference, C, of the garden, using the circumference formula C = 2(pi)r.
Here, with r = 15 ft, we get C = 2(3.14)(15 ft) = 94.2 ft of fencing will enclose this garden.
Answer:
71
Step-by-step explanation:
Add 46 to each number, see if the sum is in the list. In the set of 7 numbers listed, two of them are even (24 and 38), and the other 5 numbers are odd
71
We do not need to look at all differences.
We need to find two numbers fairly far appart,
and not all look promising.
You could look at approximate differences,
or you could look at the last digit.
71-35 and 63-17 are the only promising differences,
because 71 and 63 are the only numbers large enough to be 46 more than another number in that list,
and when you calculate the last digit you calculate
11-5=6 and 13-7=6.
71-35=36
Answer:
The amount in the account after six years is $2,288.98
Step-by-step explanation:
In this question, we are asked to calculate the amount that will be in an account that has a principal that is compounded quarterly.
To calculate this amount, we use the formula below
A = P(1+r/n)^nt
Where P is the amount deposited which is $1,750
r is the rate which is 4.5% = 4.5/100 = 0.045
t is the number of years which is 6 years
n is the number of times per year, the interest is compounded which is 4(quarterly means every 3 months)
we plug these values into the equation
A = 1750( 1 + 0.045/4)^(4 * 6)
A = 1750( 1 + 0.01125)^24
A = 1750( 1.01125)^24
A = 2,288.98
The amount in the account after 6 years is $2,288.98
Use the given information to write an equation, then solve it.
$1600 = (1 + 1 + 1/2)×(monthly rent) . . . . relationship given in the problem statement
$1600/2.5 = monthly rent = $640 . . . . divide by the coefficient of monthly rent
