Answer:
The number of payments Kendra will have to make = 17.33 to pay off the loan completely within 18 months.
Explanation:
Paying $ 46.50 monthly, a financial calculator says it will take 18 months to pay off the loan which can also be calculated manually as follows:
= $63 + $750
= 18 months.
Amortization formula for “ n” the no of payments she will have to make is:
![\mathbf{n}=\frac{-\log \left[1-\left(\mathbf{P} \times \frac{i}{A}\right)\right]}{\log (1+\mathbf{i})}](https://tex.z-dn.net/?f=%5Cmathbf%7Bn%7D%3D%5Cfrac%7B-%5Clog%20%5Cleft%5B1-%5Cleft%28%5Cmathbf%7BP%7D%20%5Ctimes%20%5Cfrac%7Bi%7D%7BA%7D%5Cright%29%5Cright%5D%7D%7B%5Clog%20%281%2B%5Cmathbf%7Bi%7D%29%7D)
here, P = principal value of loan $750
i = monthly interest rate 0.007
A = monthly payment 46.50
Substituting values in formula
![n=\frac{-\log \left[1-\left(750 \times \frac{0.007}{46.50}\right)\right]}{\log (1+0.007)}](https://tex.z-dn.net/?f=n%3D%5Cfrac%7B-%5Clog%20%5Cleft%5B1-%5Cleft%28750%20%5Ctimes%20%5Cfrac%7B0.007%7D%7B46.50%7D%5Cright%29%5Cright%5D%7D%7B%5Clog%20%281%2B0.007%29%7D)
![n=\frac{-\log [1-0.1129]}{\log (1.007)}](https://tex.z-dn.net/?f=n%3D%5Cfrac%7B-%5Clog%20%5B1-0.1129%5D%7D%7B%5Clog%20%281.007%29%7D)
![n=\frac{-\log [0.8871]}{3.029 \times 10^{-3}}](https://tex.z-dn.net/?f=n%3D%5Cfrac%7B-%5Clog%20%5B0.8871%5D%7D%7B3.029%20%5Ctimes%2010%5E%7B-3%7D%7D)
The number of payments Kendra will have to make is 17.33 to pay off the loan completely within 18 months.
Answer: B. selling arms to countries at war in exchange for immediate payment.
Explanation:
<span><span>1. </span><span>Nullification doctrine is said that the
states residing within the Union is undocumented. Supposed Aliens and sedition
acts was passed to punish those who opposed the federal laws and regulations. However,
it was Thomas Jefferson who thought that this act may affect the Bill of Human
rights, so he decided to make an equally unconstitutional doctrine that states
if a government would implement a law, a state could refuse to follow it. John Calhoun, soon adapted the Nullification
doctrine</span></span>
Answer by YourHope:
Who decides which currency each country in the world uses?
each individual country It is generally each country’s decision about which currency shall be used in their country.
:)
Answer:
B. Social Contract
Explanation:
Thomas Hobbes was an English philosopher best known for his work on the theory of the social contract. The social contract relates to the question of the origin and legitimacy of political power. The Leviathan was published in 1651 and is one of the earliest and most important work, contributing to the theory of the social contract.
