3 years ago

What is net worth why do people say he or she is worth that?

1 answer:

5 0

Answer:

The net worth of a person is the difference between a person's assets (non-financial and financial) that he/she owns and the debt that person owes.

Value of Assets - Debt and liabilities = Net Worth

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Mark borrowed $5,500 at 11.5 percent for five years. What is his monthly payment?

olya-2409 [2.1K]

Use the formula of the present value of an annuity ordinary which is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value 5500
PMT monthly payment?
R interest rate 0.115
K compounded monthly 12
N time 5years
Solve the formula for PMT
PMT=Pv÷ [(1-(1+r/k)^(-kn))÷(r/k)]
PMT=5,500÷((1−(1+0.115÷12)^(
−12×5))÷(0.115÷12))
=120.95

So the answer is C

Hope it helps!

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3 years ago

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In Buffalo, New York, the temperature was 10°F in the morning. If the temperature rose 10°F, what is the temperature now?

Bond [772]

Answer:

20 degrees F

Step-by-step explanation:

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3 years ago

Clea estimates that a glass contains 250.55 mL of water. The actual amount of water in the glass is 279.48 mL. To the nearest te

inn [45]

The answer is %30.93 hope this helps

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3 years ago

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If a 42.9 ft tall flagpole casts a 253.1 ft long shadow then how long is the shadow that a 6.2 ft tall woman casts?

blsea [12.9K]

We will have to use proportions:
$\frac{42.9}{253.1} = \frac{6.2}{x}$
Cross multiplying we get
$42.9x = 6.2 \times 253.1$
Now divide:
$x = \frac{6.2 \times 253.1}{42.9}$
Solve to tenths place we get
$x = 36.6$
The woman casts a 36.6 ft long shadow.

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3 years ago

Trail mix made for three people uses 3 cups of almonds, 1 cup of raisins and 1/3 cup of chocolate chips. If the same ratio of in

kvv77 [185]

Hello!

Since this amount we are given an amount we need for 3 people, we just multiply each amount by four to get to 12.

12 cups of almonds
4 cups of raisins
1 1/3 cups of chocolate chips

I hope this helps!

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3 years ago

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