Answer:
$3753.79
Step-by-step explanation:
To find your emergency fund, you need to get your fixed expenses as the base.
Fixed Expenses = $2085.44 x 0.30
Fixed Expenses = $625.63
Now you need to take your Fixed Expenses and multiply that to the number of months you want to save for.
$625.63 x 6 = $3753.79
So you will need to save $3753.79 for 6 months worth of an emergency fund.
Answer:
interest rate is 38.68 %
Step-by-step explanation:
Given data
installment = $60
time = 36 months = 36/12 = 3 years
principal = $1000
to find out
interest rate
Solution
we know student pay $60 for 36 months
so he pay total = 60 × 36 = 2160
total amount pay by student = $ 2160
so we can find interest rate by given formula
rate = (1/time)(amount/Principal - 1)
put the value time amount and principal here
rate = (1/3)(2160/1000 - 1)
rate = 0.386667
interest rate is 38.68 %
What is the math problem?
Answer:
Triangles A & C are right triangles.
Step-by-step explanation:
Triangles A & C are right triangles because they make a 90 degree angle were a pair of legs intersect. That box in the corner of each triangle indicates that the triangle is 90 degrees, therefore a right triangle.