Answer:
The monthly payment for the loan amount for 20 years is $806.167
Step-by-step explanation:
The principal loan amount= $ 50,000
The rate of interest = 7 %
the time period of loan = 20 years = 20 × 12 = 240 months
let the amount after 20 years = $ A
<u>From Compounded method</u>
Amount = Principal × 
or, A = 50,000 × 
or, A = 50,000 × 
Or, A = 50,000 × 3.8696
∴ Amount = $ 193,480
So, The amount after 20 years = $ 193,480
The monthly payment amount = $
= $ 806.167
Hence The monthly payment for the loan amount for 20 years is $806.167 Answer
1+(4x) ??????????? I think so
Answer:
26
Step-by-step explanation:
Because DAC is a straight line we can equate that:
4x - 8 + 34 + 76 - x = 180
3x + 102 = 180
3x = 78
x = 26
Answer:
D is the correct answer
Step-by-step explanation:
As you see, the product of peaches 1 and 2 have the different in cost is $1.35 and $2.70. As well as the following product of peaches also have the same increase in money.
So 2.70 - 1.35 = 1.35 so the common increase would be $1.35
Hope this help you :3
Answer:(A.)
Step-by-step explanation:The reason why its a its because that 13x8=104x17=1,768/3=589.3. Therefore 589.3 can not be round to the nearest tenth.