Answer: There are 24 more payments made.
Step-by-step explanation:
In a 5 year loan there is 60 months
In a 3 year loan there is 36 months.
= $ 32,275.00
Equation:
A = P(1 + rt)
Calculation:
First, converting R percent to r a decimal
r = R/100 = 4.85%/100 = 0.0485 per year,
putting time into years for simplicity,
24 quarters ÷ 4 quarters/year = 6 years,
then, solving our equation
A = 25000(1 + (0.0485 × 6)) = 32275
A = $ 32,275.00
The total amount accrued, principal plus interest,
from simple interest on a principal of $ 25,000.00
at a rate of 4.85% per year
for 6 years (24 quarters) is $ 32,275.00.
Answer:
1/4
Step-by-step explanation:
The inverse function tells you the input value that corresponds to the given output value of the function.
<h3>Application</h3>
You want f^-1(3), which is the value of x such that f(x) = 3.
f(x) = 3 = 4x +2
1 = 4x . . . . . . subtract 2
1/4 = x . . . . . divide by 4
The inverse function of 3 is 1/4:

So, first of all, let's convert the fraction

into a decimal, which would be
0.375 (3 divided by 8)
The snail travels this far in 3 minutes. To find out how far it travels in nine minutes, we have to find out how many times 3 goes into 9.
9 / 3 = 3
Now. we simply multiply our
decimal by
three in order to get our answer!
0.375 x 3 = 1.125 inches
The answer is
1.125 inches!
Answer:
Step-by-step explanation:
2 - Corresponding angles theorem
6 - Alternate exterior angles theorem
8 - Transitive Property