All this is asking you is to find how much you need to save per month (limit of 5) in order to make your goal of $1200.
To solve this, simply divide 1200 by 5, which is the months, and you get $240, which is how much you have to save per month in 5 moths to reach your exact goal of $1200. If anything is confusing please ask :)
Answer:
p = 0.513
Step-by-step explanation:
There are 212 families with exactly 3 children. So in all, there are 212*3 = 636 children.
Of those,
The number of girls is:
81 + 76*2 + 31*3 = 326
That is, 326 girls out of 636 children.
Then
Answer: Tom will pay $20.01 lesser than the original price.
Step-by-step explanation:
The original price of the phone is $137.99. It is now on sale for 1/10 off the original price. This means that the discount on the original price is 1/10 × 137.99 = 13.799. The new price will be the original price - the discount.
The new price is 137.99 - 13.799 = $124.191
Tom has a coupon for an extra 5% off the sale price. It means that Tom would pay 5% off $124.191. The amount that Tom would pay will be
124.191 - (5/100 × 124.191) = 124.191 - 6.20955 = $117.98
The difference between the original price and the price that Tom will pay is
137.99 - 117.98 = $20.01
Given that
starting outstanding balance = $150000
rate of interest = 7.5% per year
so rate of interest for 1 month = (7.5/12)% = 0.635%
outstanding balance before 1st monthly payment = starting outstanding balance + 0.625% of interest on starting outstanding balance
= 150000 + (0.625 /100) × 150000
= 150000 + 937.5 = $150937.5
Reduction = outstanding balance after one month - first monthly payment
Reduction = $150937.5 - 1010.10 = 149927.40
so out of first payment of $1,010.10 , $937.5 goes towards interest and remaining $72.6 goes towards reduction of principal that is 150000 - $72.6 = 149927.40.
so correct option is B that is $149927.40.
