Answer:
True
Step-by-step explanation:
A down payment is mostly for deposit reasons with insurance. It also let's the landlord know you will be moving in soon. They will use that money for repairs when you move out. You have a chance of getting it pack if they find no damages :D
Answer: i think its the 3rd one
Step-by-step explanation:
Answer:
30 im pretty sure
Step-by-step explanation:
Answer:
yes Amen and we also need Jesus
Step-by-step explanation:
Answer:
Step-by-step explanation:
<u>Given</u>
- Monthly payment P = $300
- Time t = 3 years = 36 months
- Number of payments n = 36
- Interest rate r = 12% PA = 1% per month = 0.01 times
<u>Use loan payment formula:</u>
- P = r(PV) / (1 - (1 + r)⁻ⁿ),
- where P- monthly payment, PV - present value (amount of the loan), r -rate of interest, n- number of payments
<u>Substitute values and solve for PV:</u>
- 300 = (0.01*PV) / (1 - (1 + 0.01)⁻³⁶)
- PV = 300*(1 - 1.01⁻³⁶ )/ 0.01
- PV = 9032.25 ≈ $9000 (rounded to the nearest hundred dollars)
