True, it is an example of a decimal
High gloss : total
57 : 57+33
57 : 90
57 ÷ 3 : 90 ÷ 3
19 : 30
It depends on if the interest rate of 6% is nominal or not. The question doesn't specify. Let's assume that is is a nominal rate, compounded monthly.
Start with 100000 = x * a angle 132 at .5% per month
This becomes 100000 = x * (1-1.005^-132)/.005
Which becomes (100000(.005))/(1 - 1.005^-132) = x
So x is the PMT, which is 1036.70.
Not enough information- the coupon will only be worth 24% after tax though.
