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Dmitriy789 [7]
2 years ago
12

Sindi borrowed an amount of money from his father to open the Salon. The loan will be paid back by means of payments of R25 000

each, every second month for six years. An interest rate of 7,5% per year, compounded every two months, will be applicable. The present value of the loan is
Mathematics
1 answer:
amm18122 years ago
5 0

The present value of the loan will be = R36,250

<h3>Calculation of the present value</h3>

The principal capital (P) = R25 000

Interest rate for the payment (R)= 7.5%

Time for the payment (T)= 6 years

Therefore simple interest = P×T×R/100

= 25,000×6×7.5/100

= 250×6×7.5

= R11,250

The present value of the loan will be;

= 25,000 + 11,250

= R36,250

Learn more about simple interest here:

brainly.com/question/20690803

#SPJ1

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The distributive law is satisfied if the numbers 1,2, and 3 are used as multyplying factors.

<h3>What is the distributive law?</h3>

This is basic mathematical law that states:

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Find the values for a and b that would make the equality true. 4(ax^2 -5x+3)=8x^2 +bx+12
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Step-by-step explanation:

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A consumer wanted to compare two types of battery storage. One type is refrigerated and the other is room temperature. It is a c
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Help please?!?!?!?!?!?!?
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Choice D is  correct answer.

Step-by-step explanation:

We have given two function.

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