A customer borrowed $2000 and then a further $1000 both repayble in 12 months. What would he have saved if he had taken out one loan for $3000 repayable in 12 months?
He took two different loans, it charged him loan processing fee twice, two-time documentation process, and of course, extra time spent for second loan. Instead, he could take single loan of $3000 with one-time processing fee, one-time documentation process, and time-saving also.
The answer would be 5 years. I=PxRxT.
Answer:
11
Step-by-step explanation:
5+6 11
The angle is the arctangent of the ratio of ay to ax. Since ay is negative and ax is positive, it is a 4th-quadrant angle.
... arctan(ay/ax) = arctan(-4.00/3.90) ≈ 314.27°
... about 5.48513 radians
