Answer:C
Step-by-step explanation:
3.1 x 10^(-4) x 8.5 x 10^(-2)
3.1 x 8.5 x 10^(-4) x 10^(-2)
26.35 x 10^(-4-2)
26.35 x 10^(-6)
2.635 x 10^1 x 10^(-6)
2.635 x 10^(1-6)
2.635 x 10^(-5)
Answer:
<u>$173,954.01</u>
Step-by-step explanation:
Finding compound interest :
- A = (150,000)(1 + 0.025)⁶
- A = (150,000)(1.025)⁶
- A = (150,000)(1.15969342)
- A = <u>$173,954.01</u>
James Otis made this statement because he <span>believed American colonists should be able to vote in Parliament. The correct option among all the options that are given in the question is the third option or option or the penultimate option. I hope that this answer has come to your help.</span>
Answer:
$1166.08 is the monthly payment for the mortgage per month.
Step-by-step explanation:
The meaning of this stated formula on the statement is the present annuity formula because we will have future monthly payments on the mortgage of the house in which they pay off the present value of the house which is $240000 x 80% = $ 192000 as this amount will excludes the down payment of 20% that is made.
We are given Pv the present value which excludes the down payment $192000.
We have the interest rate i which is 1.2%/12 as it is compounded monthly.
n is the number of payments made over a period which is 12 x 15 years= 180 payments as it is compounded monthly.
no we substitute the above mentioned information to the present value annuity formula stated to calculate R the monthly payment:
Pv = R[(1-(1+i)^-n)/i]
$192000 = R[(1-(1+(1.2%/12))^-180)/ (1.2%/12)] divide both sides by the coefficient of R
$192000/[(1-(1+(1.2%/12))^-180)/(1.2%/12)] = R
$1166.08 =R which this is the amount that will be paid for the mortgage every month for 15 years.
Answer:
Yes they did.
Step-by-step explanation:
So you have the fraction 3/4 and 6/8. If you divide the fraction 6/8 by 2 you will get 3/4 since 6/8 is an unsimplifed form of 3/4.
