Answer: her monthly payments would be $267
Step-by-step explanation:
We would apply the periodic interest rate formula which is expressed as
P = a/[{(1+r)^n]-1}/{r(1+r)^n}]
Where
P represents the monthly payments.
a represents the amount of the loan
r represents the annual rate.
n represents number of monthly payments. Therefore
a = $12000
r = 0.12/12 = 0.01
n = 12 × 5 = 60
Therefore,
P = 12000/[{(1+0.01)^60]-1}/{0.01(1+0.01)^60}]
12000/[{(1.01)^60]-1}/{0.01(1.01)^60}]
P = 12000/{1.817 -1}/[0.01(1.817)]
P = 12000/(0.817/0.01817)
P = 12000/44.96
P = $267
Answer for the equation by elimination
Well, given that a quarter equals 5 nickels, we can reason that, in order to get 12 coins, we would have to get 10 nickels (equals 50 cents) and 2 quarters (the other 50 cents, to make a dollar).
You didn't say whether you needed this expressed in a mathematical formula, but knowing the answer already, it shouldn't be hard to come up with one if necessary.
Hope this helps.
If there’s a total of 210 fruit trees, and each tree produces 590 pounds a year, you multiply both those numbers and get 123,900 pounds a year.
Answer:
-11.167 is the answrr
Step-by-step explanation:
