Answer:
66.8421% decrease
Step-by-step explanation:
In an installment loan, a lender loans a borrower a principal amount P, on which the borrower will pay a yearly interest rate of i (as a fraction, e.g. a rate of 6% would correspond to i=0.06) for n years. The borrower pays a fixed amount M to the lender q times per year. At the end of the n years, the last payment by the borrower pays off the loan.
After k payments, the amount A still owed is
<span>A = P(1+[i/q])k - Mq([1+(i/q)]k-1)/i,
= (P-Mq/i)(1+[i/q])k + Mq/i.
</span>The amount of the fixed payment is determined by<span>M = Pi/[q(1-[1+(i/q)]-nq)].
</span>The amount of principal that can be paid off in n years is<span>P = M(1-[1+(i/q)]-nq)q/i.
</span>The number of years needed to pay off the loan isn = -log(1-[Pi/(Mq)])/(q log[1+(i/q)]).
The total amount paid by the borrower is Mnq, and the total amount of interest paid is<span>I = Mnq - P.</span>
Answers:
☆☆☆☆☆☆☆☆aTriangle ZYX
bTriangle YZX
cTriangle XZY
dTriangle XYZ
The commutative property of addition means we can add two integers in any order. So yes, It would still apply to two negative integers (for example, -2 + -3 and -3 + -2 both equal five)
Answer:
7.719km
Step-by-step explanation:
10 - 2.281 is 7.719
