Answer:
$318,972.30
Step-by-step explanation:
The total of 360 payments will be $318,972.30.
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A financial calculator or app is useful for answering questions like this. Most spreadsheets have functions that will serve the same purpose.
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You may be given a formula for computing the monthly payment (A) from the principal (P), the annual interest rate (r) and the number of years (t). It might look like this:
A = P·(r/12)/(1 -(1 +r/12)^(-12·t))
Filling in the given numbers, you get ...
A = 154,850·(0.0557/12)/(1 -(1 +0.0557/12)^-360) ≈ 886.034154
Then the value of 360 such payments is ...
P+I = 360·886.034154 ≈ 318,972.30
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In practice, the final payment will be different from the rest, to make up for the fact that the value of each payment was rounded down to the nearest cent. Rather than try to figure the amount of that payment, we have used a more precise value for the monthly payment and have assumed that doing so will give approximately the same total as the sequence of actual payments. (Our number here is about $2.34 low.)
Let Terry's age be x
Terry = x
<span>Rubin is 5 years older than one third Terry’s age
</span>Rubin = 5 + 1/3x
<span><em>Sheldon is three years younger than 2 times Rubin’s age. </em>
</span>Sheldon = 2(5 + 1/3x) - 3
If Terry is 6,
Rubin = 5 + 1/3(6) = 5 + 2 = 7
Sheldon = 2( 5 + 1/3 (6)) - 3 = 11
Ans: Rubin is 7 and Sheldon is 11
Mean is average of the numbers
Ex.
7,3
7+3=10/2=5
Probabilities are used to determine the chances of events
The probability that an applicant with a college degree or an applicant who <em>hasn't </em>attended college is hired is 0.80
Using the following representations
So, we have:
The probability that an applicant with a college degree or an applicant who <em>hasn't </em>attended college is hiredis: P(B or C)
So, we have:
This gives
So, we have:
Hence, the probability that an applicant with a college degree or an applicant who <em>hasn't </em>attended college is hired is 0.80
Read more about probabilities at:
brainly.com/question/11234923
Answer:
10%
Step-by-step explanation:
Percentage increase for any change is calculated by formula
{(Final value - initial value)/initial value} * 100
Given
population in 2010 = 2 million ----------->initial value
population in 2015 = 2.2 million ----------->Final value
