Part 1: Equivalent fraction=3/500
Equivalent Decimal= .006
Part 2: A and E
In an installment loan, a lender loans a borrower a principal amount P, on which the borrower will pay a yearly interest rate of i (as a fraction, e.g. a rate of 6% would correspond to i=0.06) for n years. The borrower pays a fixed amount M to the lender q times per year. At the end of the n years, the last payment by the borrower pays off the loan.
After k payments, the amount A still owed is
<span>A = P(1+[i/q])k - Mq([1+(i/q)]k-1)/i,
= (P-Mq/i)(1+[i/q])k + Mq/i.
</span>The amount of the fixed payment is determined by<span>M = Pi/[q(1-[1+(i/q)]-nq)].
</span>The amount of principal that can be paid off in n years is<span>P = M(1-[1+(i/q)]-nq)q/i.
</span>The number of years needed to pay off the loan isn = -log(1-[Pi/(Mq)])/(q log[1+(i/q)]).
The total amount paid by the borrower is Mnq, and the total amount of interest paid is<span>I = Mnq - P.</span>
The value of the digit 4 in the number 6,028,468 is 100
Answer: D. 6 and 4
Explanation:
2643 - 180 = 2463 the 6 changes to a 4, and the 4 changes to a 6.
70000- ten thousand
8000- thousand
000- hundred
00- tens
0- ones
so look at the 7 and if the number on the right is more than 4 you give the ten thousand a new number ; 80000
hope i helped
