Answer:
a = $31.23 per month
b = $20.83 per month
c = 249.98 = $249.98 interest charges
= $624-249.98 = 374.02 profit part decrease 8% inc.
d = 35.35%
e = Answer is in the name; basic payment is a contract which means whilst account remains open charges are requested without fail. Should balance be less or on zero, charges are still applied.
Step-by-step explanation:
2500 x 1.2499 = interest only for start month 13 =3124.75
3124.75/ 100 x 1.08 = 8% of this = 249.98 each year.
We only have to divide each by 12 to work out monthly individual charges and subtract to find out payments.
3124.75 - 249.98 = 2874.77 = Total after charges each year.
249.98/12 = 20.83 = monthly charges.
3124.75- 2500 = 624.75 payments each year
624.75/12 = 52.06 month 1 payment before charge
52.06-20.83 =31.23 total minimum payment
2500 + 249.98
Percentage = 200:600 = 1/3 33% + (comparing to ratio 10:25 closer to 40%)
We find ratio 200:600= 33.33 + 49.995/24.75 = 2.02
33+2.02 = 35.35%
You know when it is a periodic function if the values repeats in regular intervals or periods. An example of this is trigonometric functions that repeat over intervals of 2 pi radians.
Ok first we have to find out whats 2p+p=20 combine like terms to get 3p=20 the divide 3 on each side to get p=6 2/3 then we plug in 6 2/3 to 2p-5 so 2(6 2/3) -5 so its 12.666-5 to get 7.666 so that's the answer.
