Answer:
Let's try and figure it out yearly:
So for the first year the deposits would amount to 40 * 12 = $480
Now since the interest rate is applied yearly we will assume that the interest rate will be applicable to the amount that is left after the first year of deposits
So that would be 889.98 - 480 = 409.98
409.98 * 14.99 % = 61.45
The new amount owed for the second year would be 409.98 + 61.45 = 471.43
So by the end of the second year the debt would of been wiped clean with $8.57 to spare.
So the answer would be 24 months
Step-by-step explanation:
Answer:Fee as a function of miles:
f(m) = 16.95 + 0.92m
140.23 = 16.95 + 0.92m
0.92m = 140.23 - 16.95
0.92m = 123.28
m = 123.28/0.92
m = 134 miles
Step-by-step explanation:
Each band member would get 4 tickets.
144-28=116
116/29=4
Answer:
1/3 is bigger
Step-by-step explanation:
6/12 might look bigger but its not
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Answer:
When you buy expensive items with a loan, you often need to make a down payment to cover a portion of the purchase price. That initial payment is often critical for getting approved, and it can affect your borrowing costs throughout the life of your loan. As a result, it’s wise to understand how down payments work so you can choose the right down payment amount.