The fraction will 4/7 you cannot simplify 4/7
Given Information:
Monthly payment = MP = $1500/4 = $375
Monthly interest rate = r = 25/12 = 2.083%
Required Information:
Present Value = ?
Answer:

Explanation:
n = 10*4
n = 40 monthly payments
The present value is found by

Where r is monthly interest rate.
MP is the monthly payment.



Therefore, $10,110 is the present value of 10 quarterly payments of $1500 each at 25% interest rate compounded each month.
That's 6! (factorial). It's 720.
The population density of Romania in 1997 given its area and the population is 95 people per square km.
<h3>What is the population density?</h3>
Population density is the number of people that live in a square kilometer of an area. It is determined by dividing total population by total area.
Population density = population / area
22.600,000 / 237301 = 95 people per square km
To learn more about population density, please check:
brainly.com/question/3704320
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