Answer:
(g-f)x is the answers for the question
Step-by-step explanation:
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Answer:
The correct answer is option C.
Step-by-step explanation:
The lower your interest rate is, the lower your monthly payments are. This is true. The interest rate is directly proportional to monthly or yearly payments. If the rates are high, the installments are high and if the rate of interest is low, the installments are lower.
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10 i think i don't know how to deleat this so can u?
Answer:
$2936.79
Explanation:
The Formula for compounding interest:
F = final amount (we need to find this)
I = initial amount (900 + 250 + 300 + 1400 = $2850)
r = interest rate (1% = 0.01)
n = number of times interest applied per time period (360)
t = number of time periods elapsed (36 months = 3 years)
F = 2850(1.030454105)
F = $2936.79
