Answer:
The principal amount was $23,393.45
Step-by-step explanation:
The total amount paid on a 35 year loan was $98,000 at the rate of interest 4.1%
We will calculate Principal amount by this formula
Where A = amount (98,000)
P = Principal amount (P)
r = rate of interest 4.1% (0.041)
n = number of compounding interest monthly (12)
t = time (35 years)
98,000 = P(4.189386)
= 4.189386P = 98,000
P = 
P = 23,392.4494 ≈ $23,392.45
The principal amount was $23,393.45
That would be simplified into
1.41 • 1.73 • 2.82 = 6.9
i don’t know what the choices are bc you didn’t put them but hopefully this does someone some good <3
Answer:
Step-by-step explanation:
Multiply both sides by 2
2x=3y+6
Move variable to the left-hand side and change its sing
-3y=6-2x
Divide both sides of the equation by -3
Answer:
He earned 110287.3536 dollars
Answer:
Step-by-step explanation:
6400(1+i)³=8334
(1+i)³=1.3021875
∛(1+i)³=∛(1.3021875)
1+i= 1.092
i= .092
I guess if you were to round to 1 decimal point it'd be .1
