The present worth of the loan is <span>$6,250
</span>The start of payment will after 4 years
The nominal interest rate is 6.1% compounded monthly which is equal to 6.27% effective.
The future worth (after graduation) of the loan is
F = <span>$6,250 (1 + 0.0627)^4 = $7,971.18
The interest is
</span>$7,971.18 - $6,250 = $1,721.18
I didn't round off when solving these so it's not the exact answer among the choices but the closest is letter B <span>$1,722.22</span>
Answer:
My guess is 21
Step-by-step explanation:
Isolate x by adding 8 to both sides.
3 = x/3
Then, multiply by 3 on both sides.
9 = x
To prove that this is right, you can imput 9 into the equation and it equals -5.
Answer:
12 windows
When there are arrays, you always do multiplication.
4 windows x 3 rows = 12 windows.
Hope it helps!
Answer:
B
Step-by-step explanation:
its B
:p
