I think it is 17.50 because if you multiply $.50 by 7 you get $3.50. Then you multiply $3.50 by the 5 days to get $17.50
Answer:
1 and twenty thirty sixths
Step-by-step explanation:
14 1/8 - 12 5/9
1/8x4/4=4/36
1/8= 4/36
5/9x4/4= 20/36
14-12= 2
2-20/36= 1 20/36
Answer:
It's the bottom right, the rectangle
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
