Given Information:
Monthly payment = MP = $1500/4 = $375
Monthly interest rate = r = 25/12 = 2.083%
Required Information:
Present Value = ?
Answer:
Explanation:
n = 10*4
n = 40 monthly payments
The present value is found by
Where r is monthly interest rate.
MP is the monthly payment.
Therefore, $10,110 is the present value of 10 quarterly payments of $1500 each at 25% interest rate compounded each month.
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Let's have the capacity be c. The tank is currently at 4/5c. We subtract 190 and then we are at 1/6c. Let's set this up as an equation and solve it.
4/5c-190=1/6c
We want to get the c all by itself to see the capacity of the tank. Let's get all of the c values on the left side of the equation and the numbers on the right by using inverse operations.
4/5c-190=1/6c
Add 190 to both sides.
4/5c=1/6+190
Subtract 1/6 from both sides.
19/30c=190
Divide both sides by 19/30.
c=300
So, the capacity of the tank is 300 liters of water.
Have a wonderful day and keep on learning! :D
Answer:
the slope of gx is undefined
Step-by-step explanation:
Dagney reads at 40 pages an hour, or .75 pages a minute.
it would take 4.5 hours to read the novel
