Answer:
F = $13,802.31
she can finance $13,802.31 with this loan.
Step-by-step explanation:
Given;
Rate r = 7% = 0.07
Time t = 4 years
Payment per month MP = $250
Number of months per year n = 12
This can be solved using compound interest for future value series formula;
F = future value
F = MP(((1 + r/n)^(nt) - 1)/(r/n))
Substituting the given values, we have;
F = $250(((1 + 0.07/12)^(12×4) - 1)/(0.07/12))
F = $13,802.31
74,233 increased by 58,490 is 74,233 * 58,490 so its 4,341,888, 170. So 4 billion, 341 million, 888 thousand, 170.
Scientific notation is 4.34188817 * 10 to the 9th power.
Answer:
c
Step-by-step explanation: