The total amount paid in monthly payments is found by multiplying $70 by 10. This is the only information that is needed to find the amount paid over 10 months.
70 x 10 = $700
Ennifer will pay $700 in monthly payments.
Answer:
D. 18.9 ÷ 9
Step-by-step explanation:
we need to divide
1.89 ÷ 0.9 but write it in different form
so ,we need to eliminate decimal from 0.9
as 0.9*10 = 9
thus,we multiply both 1.89 and 0.9 with 10, then we will have
(1.89*10) ÷ (0.9*10)
=> 18.9 ÷ 9
Thus, based on above calculation new look would be D. 18.9 ÷ 9
Answer:
The initial investment is $821.58
Step-by-step explanation:
Giving the following information:
Future Value (FV)= $90,597
Number of periods (n)= 25*12= 300
Interest rate (i)= 1.58% = 0.0158
<u>To calculate the initial investment, we need to use the following present value (PV) formula:</u>
PV= FV/(1+i)^n
PV= 90,597 / (1.0158^300)
PV= $821.58
The initial investment is $821.58
Answer:
Its 3.
Hope this helps! :)
(P.S. Forget my cringe selfie)