Answer:
Option b - $97.25
Step-by-step explanation:
Given : A $5,000 loan with a 6.25% interest rate compounded monthly spread over 60 months
To find : What would the monthly payment ?
Solution :
Formula of monthly payment
Discount factor
Where, Amount = $5000
Rate r= 6.25%=0.0625
Time = n=60 months
Now, put all the values we get,
Monthly payment,
Approximately The monthly payment is $97.25.
Therefore, Option b is correct.
Answer:
3.14
Step-by-step explanation:
1x1xpi
1x3.14=3.14
Answer:
if it's 6 ft tall cast a 4 ft long shadow there's a difference of two feet so you look at 23 ft Shadow add two ft and u have 25 ft tall
Answer:
C
Step-by-step explanation:
Answer:
1.7$
Step-by-step explanation:
Given
original price = $2.87
New price = $2.82
Percentage decrease = original price-New price/New price × 100
Percentage decrease = 2.87-2.82/2.87× 100
Percentage decrease = 0.05/2.87 × 100
Percentage decrease = 5/2.87
Percentage decrease = 1.7%