In the monthly payment formula , what value would you put for r if the interest rate is 5.7%?
2 answers:
Answer:0000.54
Step-by-step explanation:
In the monthly payment formula r is the percentage rate as a decimal.
To turn a percentage into a decimal, move the decimal point 2 places to the left.
5.7% becomes 0.057
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What do you need help with?
Answer:
Depends
Step-by-step explanation:
If n is 1n then he have 20 dollars left but if we don't know about the value of n the it is still 20
Answer:
$9052
Step-by-step explanation:
a= starting car price
(1-r)= exponential decay
r= rate
t= # of years
Equation:
a(1-r)^t
Plug in the numbers.
a= 24000 r=15%=0.15 (1-r)= 1-0.15 = 0.85
a(1-r)^t = 24000(0.85)^6
= 24000(0.37714951562)
= 9051.588375
= 9052
Answer:
$72
Step-by-step explanation:
Interest = Principal(Rate)(Time)/100
Interest = $800(2)(4.5)/100
Interest = 7200/100
Interest = $72 (Answer)
36.54
45% of 81.2 is 36.54.
