Present value of annuity PV = P(1 - (1 + r/t)^-nt) / (r/t)
where: p is the monthly payment, r is the APR = 14.12% = 0.1412, t is the number of payments in one year = 12, n is the number of years = 2.
1,120.87 = P(1 - (1 + 0.1412/12)^(-2 x 12)) / (0.1412 / 12)
0.1412(1120.87) = 12P(1 - (1 + 0.1412/12)^-24)
P = 0.1412(1120.87) / 12(1 - (1 + 0.1412/12)^-24) = $53.88
Minimum monthly payment = 3.15% of 1120.87(1 + 0.1412/12) = 0.0315 x 1120.87(1 + 0.1412/12) = $35.72
Therefore, his first payment will be greater than the minimum payment by 53.88 - 35.72 = $18.16
So the exchange rate from one US dollar to a Canadian dollar is equal to 1.30 Canadian dollars. So in this current situation if you swapped all of your US dollars for Canadian dollars you would have $13000 Canadian dollars
<span>A: The middle 95% contain between 23.8 and 24.2 oz.(2 SDs under and over the mean)
B: Approximately 68% of boxes have between 23.9 and 24.1 oz of cereal (1 SD under and over the mean)
C: 2.5% of boxes contain more than 24.2, because 95% are within 2 SDs, and that includes lower and higher extremes.
D: 16% of boxes have more than 24.1, because 68% are within 1 SD of the mean, so 32 are left, and that includes lower and higher extremes.</span>
Answer: I think the greatest common factor is 4x^2
Step-by-step explanation:
Find the numerical common factors. Which are 8, -12, and 20. Find the variable common factors for x^4, x^3, and x^2. Multiply them together. Then break down the factors on both sides and pick the biggest one. Finally multiply them together. (I’m sorry, I’m very bad at explaining things.)
