9514 1404 393
Answer:
- $137.90 more each month
- $246.00 less total interest
Step-by-step explanation:
The amortization formula is ...
A = P(r/12)/(1 -(1 +r/12)^(-12t))
for the monthly payment on principal P at annual rate r for t years. Here, we have P=3300, r = 0.14, and t=1, so the monthly payment is ...
A = $3300(0.14/12)/(1 -(1 +0.14/12)^-12) ≈ $296.30
The payment of $296.30 is ...
$295.30 -158.40 = $137.90 . . . more each month
The total amount paid is 12×$296.30 = $3555.60, so 255.60 in interest. This amount is ...
$501.60 -255.60 = $246.00 . . . less total interest
Answer:
1. >; 2. >
Step-by-step explanation:
1.
⅜ (?) 0.295 Convert ⅜ to a decimal fraction
0.375 (?) 0.295
We can use a <em>number line</em> to decide which number is greater.
In Fig. 1 below, when we go from 0.295 to 0.375, we are moving to the <em>RIGHT</em>, so 0.375 is greater than 0.295.
0.375 > 0.295
2.
-0.770 (?) -4/5 Convert ⅘ to a decimal fraction
-0.770 (?) -0.800
In Fig. 2 below, when we go from -0.80 to -0.77, we are moving to the <em>RIGHT</em>, so -0.770 is greater than -0.800.
-0.770 > -0.800
Answer:
1=(5,-2) 2=(1,4)
Step-by-step explanation:
I took this test the answer is 92.