Answer:
0.1875, or 3/16
Step-by-step explanation:
The formula for density is mass/volume.
I hope this helps :)
$350 * 30/100 = $ 105 which is down payment.
$350 - $105 = $245 which is left.
But he will pay $24.50 * 12 = $294 instead.
$294 - $245 = $49
He will pay $49 more.
He paid $105 as down payment and will pay $294 more with 12 months.
Total will be $105 + $294 = $399
Compound interest
P(1+rate/100)^years
However, this questions would be easier using simple interest with calculations here.
First year — $35000x102% = $35700
Second year — $35700x102% = $36414
Third year — $36414x102% = $37142.28
Note : don’t include the dollar sign.
Hope that helped I use this when I'm doing math. It's called cymath it explain how they got the answer.
