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
Answer:
3 + 1(3) +3 (the dollar amounts)
3+3+3
9
0.5 + 0.1 +0.1 +0.1 +0.5 (the cents)
1.3
9 +1.3 = 10.30 worth of groceries using front end estimation
The value of x in the algebraic equation is: -5/2.
<h3>How do you Find the Value of a Variable in an Algebraic Equation?</h3>
Given an algebraic equation, to find the unknown value of x, solve by isolating x in the equation.
Given:
4x + 26 = 16
Subtract 26 from both sides
4x = 16 - 26
4x = -10
Divide both sides by 4
x = -10/4
x = -5/2
Therefore, the value of x in the algebraic equation is: -5/2.
Learn more about algebraic equation on:
brainly.com/question/2164351
If it takes 20 minute to get to the airport, and he wants to be there an hour and 5 minutes before his flight leaves, we have to subtract the time he leaves (9:50) by 1 hour and 5.
9:50 - 1 hour and 5 minutes.
9:50 - 65 minutes.
9:50 - 65 = 8:45.
Which means he must be at the airport at 8:45.
BUT,
The question is asking for the latest time that Quincy can LEAVE for the airport, which means it's 8:45 - 20 minutes, since it takes 20 minutes to get to the airport:
8:45 - 20 = 8:25
