Present value of annuity PV = P(1 - (1 + r/t)^-nt) / (r/t)
where: p is the monthly payment, r is the APR = 14.12% = 0.1412, t is the number of payments in one year = 12, n is the number of years = 2.
1,120.87 = P(1 - (1 + 0.1412/12)^(-2 x 12)) / (0.1412 / 12)
0.1412(1120.87) = 12P(1 - (1 + 0.1412/12)^-24)
P = 0.1412(1120.87) / 12(1 - (1 + 0.1412/12)^-24) = $53.88
Minimum monthly payment = 3.15% of 1120.87(1 + 0.1412/12) = 0.0315 x 1120.87(1 + 0.1412/12) = $35.72
Therefore, his first payment will be greater than the minimum payment by 53.88 - 35.72 = $18.16
Answer:
6
Step-by-step explanation:
C=9.2v + 21.2
76.4 = 9.2v + 21.2
76.4 - 21.2 = 9.2v
55.2 = 9.2v
v= 55.2 / 9.2 = 6
Answer:
130
Step-by-step explanation:
? is an exterior angle of a triangle
An exterior angle is equal to the sum of the two opposite interior angles ( 35 and 95 in this case )
That being said the missing angle = 95 + 35
95 + 35 = 130
Hence, the answer is 130
Since there is no picture shown, I just plotted the given data points myself. That is shown in the attached picture. The blue rectangle is rectangle PQRS while the orange one is rectangle JKLM. I believe there are some choices for this question but you forgot to include. Nevertheless, I will give my observations from the given figure.
The tile PQRS is bigger than tile JKLM. A rectangle is a two-dimensional shape that has two sets of equal parallel planes. Thus, its area is equal to the length multiplied by its width.
tile PQRS = (9-5)*(12-7) = 20 units²
tile JKLM = (6-4)*(10-5) = 10 units²
Tile PQRS is larger by 10 units².
Answer:
I don't understand too...