Answer:
monthly payment = $56.445
Step-by-step explanation:
given data
loan = $5000
interest rate r = 5.3 % = 0.053
time t = 2 year = 24 months
solution
we will use here amount of the monthly payments formula that is
monthly payment = principal ×
................1
put here value and we get
monthly payment = 5000 × ![\frac{0.053}{1+(1-0.053)^{-24}}\\](https://tex.z-dn.net/?f=%5Cfrac%7B0.053%7D%7B1%2B%281-0.053%29%5E%7B-24%7D%7D%5C%5C)
monthly payment = $56.445
Answer:
Mr. Garcia had 5 kilograms of blueberries at first
Step-by-step explanation:
to make this easiest, we can imagine that we're undoing mr. garcia's actions.
So, we can start by 'unpacking' mr garcia's bags
we know that each of the nine bags had 1/4 kilograms, so we can multiply 1/4 by 9 to find the collective mass packed into bags
(remember, multiplication is repeated addition. we could also add 1/4 + 1/4 + 1/4... nine times, but this would take a while)
so,
1/4 x 9 = 9/4
(9 = 9/1 [if that is how you're used to multiplying a fraction])
Then, he also sold 2 3/4 kilograms
so, we can add 2 3/4 + 9/4 to find the total mass of the blueberries at first
2 3/4 + 9/4 = 2 + 12/4
(12/4 = 3)
2 + 3 = 5
So, Mr. Garcia had 5 kilograms of blueberries at first
Maybe 200 dollars, 500 dollars and so on