Answer:
Stocks is the type of investments that offers both capital gains and interest income.
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Answer:
<em>It will take 9 months longer to repay this loan</em>
Explanation:
<u>Financial Loan Payments</u>
Let's assume a loan has been received for a present value PV at an interest rate i during n periods. Being R the amount of each payment, then

Solving for n we have

The first agreement of payment has the following data



Computing n


The new agreement changes R to 225, thus


This means that it will take 9 months longer to repay this loan
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Explanation:
Answer:

Explanation:
Given
<u>Dimension</u>



Cost per
= 0.04
Required
Determine the total cost to paint 4 walls
First, we need to calculate the area of the 4 walls.

Substitute values for Length, Breadth and Height




Cost per
= 0.04.

