Answer:
$415.18
Explanation:
The calculation of the present value of a cash flow or other income stream that produces $1 in income over so many periods of time.
DATA
Amount borrowed = $12,500
Annual interest rate = 12.00%
Monthly interest rate = 1.00%
Period = 36 months
Let monthly payment be x
12,500 = x/1.01 + x/1.01^2 + x/1.01^3 … + x/1.01^35 + x/1.01^36
12,500 = x * (1 - (1/1.01)^36) / 0.01
12,500 = x * 30.107505
x = 12,500/30.107505
x = 415.18
The monthly payment is $415.18
Answer:
the answer is 32,000 in³
Step-by-step explanation:
Answer:
A
Step-by-step explanation:
We know that to find the next term we have to do
-3(-4)-1, which is equal to 11.
There are only to solutions with the '11' as the second term, A and C.
It can't be C as curly brackets state a set of numbers.
The unit rate would be 24 because the unit rate is x divided by the y so 72÷3
Answer:
<u>2 : 5</u> is the ratio of the amount of juice to the amount of ginger ale.
Step-by-step explanation:
Given:
You mix 1 and one half quarts of juice with 3 and three fourths quarts of ginger ale to make fruit punch.
Now, to get the ratio of the amount of juice to the amount of ginger ale.
Amount of juice = 
Amount of ginger ale = 
So, to get the ratio of amount of juice to amount of ginger ale:




On simplifying it:


Therefore, 2 : 5 is the ratio of the amount of juice to the amount of ginger ale.