Answer: her monthly payments would be $267
Step-by-step explanation:
We would apply the periodic interest rate formula which is expressed as
P = a/[{(1+r)^n]-1}/{r(1+r)^n}]
Where
P represents the monthly payments.
a represents the amount of the loan
r represents the annual rate.
n represents number of monthly payments. Therefore
a = $12000
r = 0.12/12 = 0.01
n = 12 × 5 = 60
Therefore,
P = 12000/[{(1+0.01)^60]-1}/{0.01(1+0.01)^60}]
12000/[{(1.01)^60]-1}/{0.01(1.01)^60}]
P = 12000/{1.817 -1}/[0.01(1.817)]
P = 12000/(0.817/0.01817)
P = 12000/44.96
P = $267
Answer:
The answer would be 20 weeks
Step-by-step explanation:
Because, if she makes $5 per week you would just divide 100 by 5 and get 20 and to check you would multiply your answer to see if it equals the amount he/she would want to amount to. Hope this helps! Happy learning!
B = 2A/h
The way you would get this is first by clearing the fraction. So in order to clear the fraction, you have to multiply the equation by the denominator.
2(A = 1/2bh)
2A = 1bh
2A = bh
Then you have to isolate the variable. So you'd divide bh by h in order to get b by itself. So you'd end up with:
2A/h = bh/h
2A/h = b
0.38 if you divide 100 by 8 you get 0.125 and when you multiply it by 3 you get 0.375. 0.38>0.375
The answer to your question is c