Answer:
Renata has a home loan for $150,000 at 7.5% interest for 30 years and her payment is $987.00 per month.
I have solved this using excel sheet that is attached here.
p = $150000
r = 7.5%
t = 
EMI = $987
You can see the excel sheet, after first month principle is $ 149,950.50 and after second month it is $149,900.69 .
Answer:
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Step-by-step explanation:
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Using a calculator: cos 70 deg = 0.342. Note: it sounds as tho' you were given several answer options. Where are they?
You will have $5,525.39 after 5 years.
Because the interest is compounded monthly, you need to convert the interest rate and the term of investment to a monthly basis.
Monthly interest = 2% / 12 = 2/12%
Term of investment = 5 x 12 = 60 months
To find the amount you will have in 5 years, use the formula:
<em>Future value = Amount * ( 1 + interest) ^ term of investment </em>
= 5,000 x ( 1 + 2/12%)⁶⁰
= $5,525.39
In conclusion, your investment will have compounded to $5,525.39 in 5 years.
<em>Find out more at brainly.com/question/3473483.</em>
You do 120 times 36 which is 4320 quarts of ice cream, i don't know how to find the rate per day
