Given Information:
Monthly payment = MP = $1500/4 = $375
Monthly interest rate = r = 25/12 = 2.083%
Required Information:
Present Value = ?
Answer:

Explanation:
n = 10*4
n = 40 monthly payments
The present value is found by

Where r is monthly interest rate.
MP is the monthly payment.



Therefore, $10,110 is the present value of 10 quarterly payments of $1500 each at 25% interest rate compounded each month.
Answer:
0
Step-by-step explanation:
Answer:
HERE IS THE ANSWER HOPE IT HELPS
Step-by-step explanation:
Brainliest?
Use math papa
Answer:
%41.25
Step-by-step explanation:
80 - 47 = 33
33 divided by 80
convert to percentage