Answer:
b
Step-by-step explanation:
Answer:
the correct answer is the second
Honestly i just wanted to try this question since ive never seen it but i dont rlly know if i did it right at all
I equaled GH, HI, and GI together to get y
which i got y=-2
and what i got next i feel is off since
GH, HI, and GI all equaled -11
if you kind of know how to do the question maube you could correct me from there but otherwise dont take my word for it completely
Answer:
F = $13,802.31
she can finance $13,802.31 with this loan.
Step-by-step explanation:
Given;
Rate r = 7% = 0.07
Time t = 4 years
Payment per month MP = $250
Number of months per year n = 12
This can be solved using compound interest for future value series formula;
F = future value
F = MP(((1 + r/n)^(nt) - 1)/(r/n))
Substituting the given values, we have;
F = $250(((1 + 0.07/12)^(12×4) - 1)/(0.07/12))
F = $13,802.31