Answer:
1/2
Step-by-step explanation:
Answer:
The total number of the payments is 18 ⇒ answer A
Step-by-step explanation:
* Lets revise the rule of compounded monthly payment
→
, where
- A is the loan amount
- r is monthly interest in decimal (R/12*100))
- n the total number of payments
∵ A = $1100
∵ EMI = $71.5
- Interest rate is 19.2% APR
∵ r = 
- Substitute these values in the rule to find n
∴ 71.5 = ![\frac{1100(0.016)}{[1-\frac{1}{(1+0.016)^{n}}]}=\frac{17.6}{[1-\frac{1}{(1.016)^{n}}]}](https://tex.z-dn.net/?f=%5Cfrac%7B1100%280.016%29%7D%7B%5B1-%5Cfrac%7B1%7D%7B%281%2B0.016%29%5E%7Bn%7D%7D%5D%7D%3D%5Cfrac%7B17.6%7D%7B%5B1-%5Cfrac%7B1%7D%7B%281.016%29%5E%7Bn%7D%7D%5D%7D)
- By using cross multiplication
∴ 71.5[1 -
] = 17.6
- Divide both sides by 71.5
∴ 1 -
= 
- Subtract 1 from both sides
∴ -
= - 
- Multiply both sides by -1
∴
= 
- By using cross multiplication
∴ 49[
] = 65
- Divide both sides by 49
∴
= 
- Insert log for both sides
∴ ㏒
= log(
)
- Put n in-front of the ㏒
∴ n㏒(1.016) = ㏒(
)
- Divide both sides by ㏒(1.016)
∴ n = 17.8 ≅ 18
* <em>The total number of the payments is 18</em>
Answer:
y = -3x - 1
Step-by-step explanation:
don't mind this hebusesjaygsnzoinske
Answer:
$25,740
Step-by-step explanation:
First, converting R percent to r a decimal
r = R/100 = 5%/100 = 0.05 per year,
then, solving our equation
I = 23400 × 0.05 × 2 = 2340
I = $ 2,340.00
The simple interest accumulated
on a principal of $ 23,400.00
at a rate of 5% per year
for 2 years is $ 2,340.00.
Answer: 18 tablespoons
Explanation: for the water, you have to multiply the 2 gallons by 3 if you want to get 6 gallons. then, you also multiply 6 tablespoons by 3 to get 18 tablespoons. you can see the ratio 2:6 is the same as the ratio 6:18, so you know it’s correct!