Answer:
Loan Q’s finance charge will be $83.73 greater than Loan P’s
Step-by-step explanation:
Using EMI Formula
EMI = [P x R x (1+R)^N]/[(1+R)^N-1]
Loan P
P = $19,450
R = 5.8/1200
N = 9 * 12 = 108
EMI = 231.6 $
Amount Paid = 231.6 * 108 = $ 25012.8
Interest Paid = 25012.8 - 19450 = $ 5562.8
Service Charge = $ 925
Total Finance Charges = $ 6487.8
Loan Q
P = $19,450
R = 5.5/1200
N = 10 * 12 = 120
EMI = 211.1 $
Amount Paid = $ 25330.8
Interest Paid = 25330.8 - 19450 = $ 5880.8
Service Charge = $ 690.85
Total Finance Charges = $ 6571.65
Loan Q - Loan P fiance charges = $ 83.85
Loan Q’s finance charge will be $83.73 greater than Loan P’s is closet
Answer: (1,-2) (0,-4) (-4,0)
Step-by-step explanation:
it's 5 days, if you need an explanation feel free
Answer: The answer is x^2+2xy+2y^2–3x–3y–1
Step-by-step explanation: Move 2 to the left of y^2.
Answer: (–3, 1) , (5, –2)
Step-by-step explanation: Got it right Edgenuity
