Answer: 17/2
Step-by-step explanation: 2/3 of 12 3/8 = 8.25
8.25 as a fraction= 17/2.
Hi there
First find the monthly payment of each offer to see which monthly payment is lower
The formula of the present value of annuity ordinary is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value
PMT monthly payment
R interest rate
K compounded monthly 12
N time
Solve the formula for PMT
PMT=pv÷[(1-(1+r/k)^(-kn))÷(r/k)]
Bank F
PMT=16,200÷((1−(1+0.057÷12)^(
−12×8))÷(0.057÷12))
=210.53
Bank G
PMT=16,200÷((1−(1+0.062÷12)^(
−12×7))÷(0.062÷12))
=238.21
From the above the monthly payment of bank f is lower than the bank g
And since the lifetime of bank g is lower than bank f the answer is
b. Yvette should choose Bank F’s loan if she cares more about lower monthly payments, and she should choose Bank G’s loan if she cares more about the lowest lifetime cost.
Good luck!
Answer: distributive property
Step-by-step explanation:
This answer may not be correct but you never know!
What you should do for this casp is to use the given expression and clear the value of x.
We have then:
y = 1.245x - 3.684
Clearing x:
1.245x = (y + 3.684)
x = (y + 3,684) / (1,245)
Substituting the value of y:
x = ((40) +3,684) / (1,245) = 35.09
x = 35
answer:
the best estimate of the number of songs that Marquis purchased is 35
