The principal loan amount will be 250000. P is denoted by the principal loan amount
<h3> What is the amount?</h3>
The complete repayment of money at the end of the period for which it was borrowed is referred to as the amount.
The given data in the problem is;
P is the principal loan amount
r is the rate of interest = 2.49%
n is the time period= of 30 years
The formula for the principal loan amount is found as;


Hence the principal loan amount will be 250000.
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Answer:
0.3413
Step-by-step explanation: Hope this helps :)
Answer:
Sara earned a commission of <em>$2,300.</em>
Step-by-step explanation:
To find the answer we will first<em> divide 5 by 100</em> and we get <em>0.05</em>. Now <em>multiply $46,000 by 0.05 </em>and we get <em>$2,300</em>. Therefore, <em>$2,300 is our answer.</em>
Yes. Parallel means same slope as original line. So it’s 2