Answer:
The monthly payment for the loan amount for 20 years is $806.167
Step-by-step explanation:
The principal loan amount= $ 50,000
The rate of interest = 7 %
the time period of loan = 20 years = 20 × 12 = 240 months
let the amount after 20 years = $ A
<u>From Compounded method</u>
Amount = Principal × 
or, A = 50,000 × 
or, A = 50,000 × 
Or, A = 50,000 × 3.8696
∴ Amount = $ 193,480
So, The amount after 20 years = $ 193,480
The monthly payment amount = $ 
= $ 806.167
Hence The monthly payment for the loan amount for 20 years is $806.167 Answer
Answer:
420% of 85 = 357
Step-by-step explanation:
85/x=100/420
(85/x)*x=(100/420)*x - we multiply both sides of the equation by x
85=0.23809523809524*x - we divide both sides of the equation by (0.23809523809524) to get x
85/0.23809523809524=x
357=x
x=357
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Answer:
a. 76 b. 52
Step-by-step explanation:
The perimeter of a rectangle is the sum of its four sides.
Now all rectangles have a width and a length.
To find the perimeter it is 2 width + 2 length or 2W +2L.
So if the Perimeter P = 344 and Width W = 76 and P = 2W + 2L
Then...
2(76) + 2L = 344 multiply 2 and 76
2L + 152 = 344 subtract 152 from both sides
2L = 192 divide both sides by 2
L = 96
The length is 96.
The equation of an area of a rectangle is A or area = width x length or W x L
So the equation is A = W x L
If the area is 4732 and the length is 91 then
91W = 4732 divide both sides by 91
W = 52
The width is 52.
Hope that helps, good luck with your homework!
