Being in love/caring for someone clouds your judgement causing you to overlook their faults. however, once the "rose colored glasses" come off you start to recognise where they were wrong.
The group of values plugged into the TVM Solver of a graphing calculator that will return the amount of a 25-year loan with an APR of 16.8%, that is paid off with monthly payments of $340 is:
A. N=300; 1%-1.4; PV = PMT=-340; FV=0; P/Y=12; C/Y=12;PMT:END
What is monthly compounding?
Monthly compounding in this case the number of payments would be the number of monthly payments in 25 years, which is 300 monthly payments(i.e. 12*25=300), this means that options B and D are obviously incorrect because number of payments, N is given as 25( 25 years instead of 300 months)
What is monthly interest rate?
The monthly interest is the annual interest rate of 16.8% divided by 12, which is 1.40%, in short, option C is also wrong because I/Y(monthly interest rate) was as shown as an interest rate of 16.8% instead of 1.40%
Overall, the correct option is A, because the number of payments and interest rate were stated correctly, unlike other options that were incorrectly written
Find out about more about TVM Solver notations on:brainly.com/question/14586708
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Well, the numerator is the number on top, so in the fraction 3/5, 3 is the numerator. To find the equation with a denominator of 30 that is equivalent, find what the difference is. 30/5 = 6. So now, multiply the numerator by 6. 6 * 3 = 18. The new fraction is 18/30. The numerator is 18. Hope this helps!
Answer:
£0.465. It is a better value.
Step-by-step explanation:
If a pack of 6 batteries costs £2.79, price of a battery can be calculated as shown;
6batteries = £2.79
1 battery = x
x = cost of a battery
6x = £2.79
x = £2.79/6
x = £0.465
Price per battery will be £0.465. This price is a better value since the price is lesser than the cost of the 6batteries (£2.79) in a pack.
Answer:
Tip
$708.00
Total
$1,298.00
Step-by-step explanation:
