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vovikov84 [41]
3 years ago
15

Help do I need to measure what's on the paper or measure a real object ???

Mathematics
1 answer:
MArishka [77]3 years ago
8 0
I think its on the paper but not sure
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B

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You take out $50,000 for loans during your college career. You must pay it back with 7% APR for 20 years, making monthly payment
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Answer:

The monthly payment for the loan amount for 20 years is $806.167

Step-by-step explanation:

The principal loan amount= $ 50,000

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the time period of loan = 20 years = 20 × 12 = 240 months

let the amount after 20 years = $ A

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Amount = Principal × (1+\dfrac{\textrm rate}{100})^{\textrm Time}

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So, The amount after 20 years = $ 193,480

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Hence The monthly payment for the loan amount for 20 years is $806.167 Answer

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What mathematical strenght and skills did you develop in this lesson​
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