Answer:
monthly payment = $56.445
Step-by-step explanation:
given data
loan = $5000
interest rate r = 5.3 % = 0.053
time t = 2 year = 24 months
solution
we will use here amount of the monthly payments formula that is
monthly payment = principal ×
................1
put here value and we get
monthly payment = 5000 × 
monthly payment = $56.445
If I’m analyzing the question correct, you would pay 912 in total
Answer:
Answers!!!!!!
HOPE THIS HELPS!!!!!!!!!!
Step-by-step explanation:
Answer:
Hey!
Your answer is $118.75!
Step-by-step explanation: How did I get this?
<u>STEP 1:</u> So we know that for a ton of rock costs us $47.50...
To get 2 tons all we have to do is to MULTIPLY $47.50 by 2...
<em><u>(47.50 x 2 = 95)</u></em>
<u>STEP 2: </u>So for $95, you will get 2 tons of rock!
Now to get the .5 tons of rock in price form, we have to get the price of the whole 2.5 tons and DIVIDE BY 2
<em><u>(47.50 ÷ 2 = 23.75)</u></em>
<u>STEP 3:</u> So now we have the costs for 2 tons and the price for HALF a ton.
What we do now is easy...we ADD THE VALUES TOGTHER!
<em><u>(95 + 23.75 = $118.75)</u></em>
The result of $118.75 after adding them together is the PRICE OF 2 TONS!
<u>I HOPE THIS HELPED YOU!</u>
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Answer:
The answer is 2
Step-by-step explanation: