1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Murrr4er [49]
2 years ago
14

Elmer took out an 18-month loan for $1400 at an appliance store to be paid

Mathematics
2 answers:
Dominik [7]2 years ago
7 0

Answer:

N= 9, PV= 1658

Step-by-step explanation:

Mamont248 [21]2 years ago
7 0

Answer:

D) N=9; 1% = 22.8; PV=-1658.42; PMT=; FV=0; P/Y=12; C/Y=12;  PMT:END

Step-by-step explanation:

Since the loan offers no payments during the first 9 months, then N = 9 months instead of 18 months.

The interest rate remains the same = 22.8%

The present value of the loan = the future value of the loan's principal on the ninth month = -$1,400 x [1 + (22.8% x 9/12)]⁹ = -$1,400 x 1.184 = -$1658.42

You might be interested in
What is the total number of students in the dataset?
Allushta [10]

total number of student in the data set in the dataset is 90

5 0
2 years ago
Read 2 more answers
The midpoint M and one endpoint of JK are given. Find the coordinates of the other endpoint. J(7,2) and M(1,-2)
djverab [1.8K]

Step-by-step explanation:

Xj + Xk/2 = Xm

7 + Xk/2 = 1

to get rid of the bracket, multiply all two sides by the denominator.

2(7 + Xk/2) = 1(2)

7 + Xk = 2

Xk = 2 - 7

Xk = -5

Yj + Yk/2 = Ym

2 + Yk/2 = -2

to get rid of the bracket, multiply all two sides by the denominator.

2(2 + Yk/2) = -2(2)

2 + Yk = -4

Yk = -4 - 2

Yk = -6

Therefore the coordinates of point K is (-5,-6)

3 0
2 years ago
Ratio Question:
netineya [11]

Answer:

i dont under stand but i will just ask for help to my father

Step-by-step explanation:

i dont wnow the answer!???

3 0
2 years ago
Read 2 more answers
THANKS FOR ANSWERING <br> ✔✔
Fantom [35]

Answer:

-14 1/2, -14, 10/20, 0.6

7 0
2 years ago
Please help I don’t want to fail!!
Gnesinka [82]
I can’t see the screen
5 0
2 years ago
Other questions:
  • Estimate square root of 43 to the nearest tenth
    8·1 answer
  • What is the product of 63 and -59??
    5·1 answer
  • Identify the percent of change as an increase or a decrease 3/8 to 7/8
    10·1 answer
  • What i<br> s y= 2/7x-4 written in standard form
    8·1 answer
  • Please help me with this <br> Thanks
    15·2 answers
  • Answer for fee rbux and branlest!!!! i need answer NOW or i will be DIE (not good!!!)
    7·1 answer
  • Kacy is on her freshman volleyball team.she makes 31%of her foul shots,leading her team to 14 wins in 19 games of the season. If
    7·1 answer
  • I need these answers ​
    14·2 answers
  • A youth group takes a bus to the movie theater. The cost of a drink is $2.25, the cost of popcorn is $3.45, and the cost of a ti
    9·2 answers
  • Select the question that is different from the other three.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!