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3 years ago

The following formula is used to calculate the monthly payment on a personal loan.

Mathematics

2 answers:

Nikitich [7]3 years ago

8 0

Answer: interest rate per period

Step-by-step explanation:

horrorfan [7]3 years ago

6 0

Answer:

b. interest rate per period

Step-by-step explanation:

There are following terms while calculating the present value, future value, number of years, monthly payments, interest rate etc

Present value = PV

Future value = FV

Number of years = n

Interest rate per period = i

Monthly payments = P or PMT

So in the given options, the second option is correct

Plus we can find out the PMT by using the excel i.e

= PMT(Rate,NPER,PV,FV,type)

The present value or future value come in negative as the case may be

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Ahat [919]

Answer:

2/5 bucket

Step-by-step explanation:

1/2 and 3/4 are equal. So 2/5 is wrong.

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7 0

3 years ago

the store sells glittery string at $.95 per inch and plastic covering for $.60 per square inch. Luckily, the store charges no ta

11111nata11111 [884]

Answer:

Step-by-step explanation:

Multiply 0.60 with 43

Multiply 0.95 with 25

You will get $49.55 which is below $50

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4 years ago

Which situation can be represented by the expression -2-5−2−5minus, 2, minus, 5?

pychu [463]

The situation that represents the expression 2 - 5 is (a) the temperature was 2°C and has decreased by 5°C

<h3>How to determine the situation?</h3>

The expression is given as:

2 - 5

When the expression illustrates change in temperature, the interpretation can be:

An initial temperature of 2°C decreases by 5°C

Hence, the situation that represents the expression 2 - 5 is (a) the temperature was 2°C and has decreased by 5°C

Read more about expressions at:

brainly.com/question/723406

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6 0

2 years ago

A piano instructor charges students a one-time fee for sheet music and an hourly rate for lessons. The graph below shows the tot

Marina86 [1]

Relation between fee charged by piano instructor and the lessons has been shown in the graph.
Two points passing through the line are (2, 80) and (4, 140)
Let the one time fee = $b
Hourly charges for the lessons = $x
Equation of the line will be,
y = mx + b
Slope of the line 'm' =
m =
m =
m = 30
y = 30x + b
For point (2, 80),
80 = 30(2) + b
b = 80 - 60
b = 20
Therefore, one time fee charged by the instructor = $20
Since instructor put a coupon to waive off the one time fee, value of the coupon will be = $20

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3 years ago

Type the expression that results from the following series of steps: Start with z times by 8

labwork [276]

Answer:

step by step explanation

8 0

2 years ago