The cost of hiring a car for 2 days in 2013 is Rs. 316.8
<h3>How to find the cost of hiring in 2013 ?</h3>
The cost for hiring a car for 2 days in 2018 was Rs. 264 which was 20% more than in 2013.
Therefore,
cost of hiring for 2018 = Rs. 264
Therefore,
let
cost of hiring in 2013 = 20%(264) + 264
cost of hiring in 2013 = 20 / 100 × 264 + 264
cost of hiring in 2013 = 1 / 5 × 264 + 264
cost of hiring in 2013 = 264 / 5 + 264
cost of hiring in 2013 = 52.8 + 264
cost of hiring in 2013 = 316.8
Therefore, the cost of hiring a car for 2 days in 2013 is Rs. 316.8.
learn more on cost here: brainly.com/question/1663590
#SPJ1
Answer:
-39
Step-by-step explanation:
just took the quick check
9514 1404 393
Answer:
a. $3,455.20
Step-by-step explanation:
The monthly payment is given by the amortization formula:
A = P(r/12)/(1 -(1 +r/12)^(-12t))
for loan amount P at annual rate r for t years.
For this mortgage, we use P = $530,000, r = 0.068, t = 30.
A = $530,000(0.068/12)/(1 -(1 +0.068/12)^(-360)) ≈ $3,455.20
The monthly payment is $3,455.20.
_____
<em>Additional comment</em>
In 7 years, the balloon payment will be $481,559.91.
