Answer:
$415.18
Explanation:
The calculation of the present value of a cash flow or other income stream that produces $1 in income over so many periods of time.
DATA
Amount borrowed = $12,500
Annual interest rate = 12.00%
Monthly interest rate = 1.00%
Period = 36 months
Let monthly payment be x
12,500 = x/1.01 + x/1.01^2 + x/1.01^3 … + x/1.01^35 + x/1.01^36
12,500 = x * (1 - (1/1.01)^36) / 0.01
12,500 = x * 30.107505
x = 12,500/30.107505
x = 415.18
The monthly payment is $415.18
Answer:
hope this helps!
Step-by-step explanation:
From y(t) = −16t^2 − 3t + 300 find at what time the fertilizer hits the ground (has height 0)
0 = −16t^2 − 3t + 300
Using the quadratic formula (minus b plus or minus the square root of b squared minus 2 a c over 2 a) you get
t = 4.237 seconds
So the horizontal distance is 85t = 85 * 4.237 = 360.145 feet
Seventy-two thousand five hundred
Answer:
itz c and a
Step-by-step explanation:
