9514 1404 393
Answer:
- $137.90 more each month
- $246.00 less total interest
Step-by-step explanation:
The amortization formula is ...
A = P(r/12)/(1 -(1 +r/12)^(-12t))
for the monthly payment on principal P at annual rate r for t years. Here, we have P=3300, r = 0.14, and t=1, so the monthly payment is ...
A = $3300(0.14/12)/(1 -(1 +0.14/12)^-12) ≈ $296.30
The payment of $296.30 is ...
$295.30 -158.40 = $137.90 . . . more each month
The total amount paid is 12×$296.30 = $3555.60, so 255.60 in interest. This amount is ...
$501.60 -255.60 = $246.00 . . . less total interest
Answer:
you combine like terms and that will get you your answer
Step-by-step explanation:
2x+x
2y+3y
15+2
to get your answer
Answer:
wouldn't this be 18.052
Step-by-step explanation:
add 15 and 2 then add 1 (from 0.7 plus 0.3) then add the other decimals
Answer:
15,000g
Step-by-step explanation:
Since there are a total number of 15 members participating, you would divide 150 by 15 since everyone would get their fair share. Next you would multiply 10 by 9 which would result to $90 and the profit the math club received