9514 1404 393
Answer:
$7641.24
Step-by-step explanation:
The amortization formula tells the payment amount.
A = P(r/n)/(1 -(1 +r/n)^(-nt))
where principal P is paid off in t years with n payments per year at interest rat r.
Using the given values, we find ...
A = $7000(0.165/12)/(1 -(1 +0.165/12)^-12) = $7000×0.01375/(1 -1.01375^-12)
A = $636.77
The total of 12 such payments is ...
$636.77 × 12 = $7641.24
You will pay a total of about $7641.24.
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<em>Additional comment</em>
Since the payment amount is rounded down, the actual payoff will be slightly more. Usually, the lender will round interest and principal to the nearest cent on each monthly statement. The final payment will likely be a few cents more than the monthly payment shown here.
Answer:
1.2p
Step-by-step explanation:
p=1p
p+0.2p is equal to 1p+0.2p which equals 1.2p
Answer:
Area = 21/2 = 10.5 area units
Step-by-step explanation:
Two of the points are on the same line (the y-axis) as they both have x-coordinates of 0. This can thus be the base of your triangle.
Two more are on the same line (y= -9) as they both have the same y-coordinate of -9. This can be the height of your triangle.
So you have a base which is between -2 and -9 (7 units) and a height which is between 0 and 3 (3 units) so now just use the equation for area of a triangle 
Answer:
√7
Step-by-step explanation:
2/5, 0.404040 and 0.286 are all rational as they all can be expressed in fraction form (0.4040 can be expressed as 40/99 and 0.286 as 286/1000 (can simplify but I didn't)) sqrt7 is the only irrational number.
0.0625 pounds are in exactly one pound.
