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
215. If you divide 100,000 by 467 you get 214.132. Since you can’t have .132 of a person you need to round up to 215
Quotient is n over 7
difference is n-7
product is 7n
sum is n+7
Answer:
Step-by-step explanation:
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12 laps because Lee ran 3 and that's half of what ray ran so times that by 2 and then times 6 by 2 and that's your answer