Answer: $32,732.58
Step-by-step explanation:
To calculate the total loan payment over the course of the loan period, use the future value formula:
= Loan amount * (1 + rate) ^ number of years
As this loan is compounded monthly, you need to convert certain terms to monthly figures:
Number of periods = 6 * 12 months = 72 months
Interest = 4.5 / 12 = 0.375%
Total payment:
= 25,000 * ( 1 + 0.375%)⁷²
= $32,732.58
X=7.
9x-7y=63
9x-7 x 0=63
9x - 0=63
9x=63
X=7.
Y=-9
9 x 0 -7y=63
Answer:
c
Step-by-step explanation:
