You will need to use the total loan cost formula which can be found here:
http://www.1728.org/loanfrm4.htm
Total Loan Cost = [(rate * princ)/ (1-(1+r)^-n)] * n
where "n" is the number of payments which in this case is 30
the rate is entered as (6.5 / 1,200) or
<span>
<span>
<span>
0.0054166667
</span>
</span>
</span>
Total Loan Cost =
[(<span>
<span>
0.0054166667
</span>
* 3,500) / (1-(1</span><span>.0054166667)^-30)] * 30
</span>
Total Loan Cost =
[<span>
<span>
<span>
(18.95833345) /
</span>
</span>
</span>
(1-
<span>
<span>
<span>
0.8503889213
</span>
</span>
</span>
)] * 30
Total Loan Cost =
<span>
<span>
</span></span><span><span>[18.95833345 / </span>0.1496110787</span>] * 30
Total Loan Cost =
<span>
<span>
<span>
126.717443753
</span>
</span>
</span>
* 30
<span><span>Total Loan Cost =
3,801.52</span>
</span>
By calculating <span>
3,801.52 minus 3,500.00 we get the amount of interest
</span>
<span>
<span>
<span>
301.52
</span></span></span>
35.3 = d - (-2.81)
Double negative = positive
35.3 = d + 2.81
Now subtract 2.81 on both sides
32.49 = d
AL=5ah!!!!!!!!!! Hope it helps
Answer:
is it timetable just wanna know an i help
Step-by-step explanation:
