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3 years ago

45 liters of helium at $.42 per liter

Mathematics

1 answer:

earnstyle [38]3 years ago

7 0

Answer:

The answer is 45 liters = $1890

Step-by-step explanation:

As 1 liter of helium = $42

So multiply 45 liters with $42

Equals $ 1890 for 45 liters of heluim

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Dean took out a 10-year loan for $40,000 at an APR of 4% compounded monthly. What will his balance be after he has made exactly

damaskus [11]

Answer:

The balance be after he has made exactly half of his monthly payments is $56881.4.

Step-by-step explanation:

Given : Dean took out a 10-year loan for $40,000 at an APR of 4% compounded monthly.

To find : What will his balance be after he has made exactly half of his monthly payments?

Solution :

Formula of monthly payment ,

$M=\frac{\text{Amount}}{\text{Discount factor}}$

Discount factor $D=\frac{1-(1+i)^{-n}}{i}$

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Now, put all the values we get,

$D=\frac{1-(1+i)^{-n}}{i}$

$D=\frac{1-(1+0.04)^{-120}}{0.04}$

$D=\frac{1-(1.04)^{-120}}{0.04}$

$D=\frac{1-0.00903}{0.04}$

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The balance is $96881.4-$40000=$56881.4

Therefore, The balance be after he has made exactly half of his monthly payments is $56881.4.

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