Answer:
c. $467.29
Step-by-step explanation:
The total of balances is $9360. The payment can be computed using the amortization formula:
A = P(r/12)/(1 -(1 +r/12)^-n)
where A is the monthly payment, P is the principal (total balance), r is the annual rate, and n is the number of months.
Filling in your numbers, we have ...
A = $9360(0.18/12)/(1 -(1 +0.18/12)^-24) ≈ $467.29
Frank's monthly credit card payment will be $467.29.
I reccomend that you add an image or better explain what you want us to do.
Step-by-step explanation:
what does the ^ stand for? what number does it represent?
<span>She needs to save an additional 108 quarters.</span>
Answer=24 blue marbles and 3 red marbles
r=red marbles
b=blue marbles
b=3(r+5)
27=b+r
substitue b for '3(r+5)'
27=3(r+5)+r
27=3r+15+r
27=4r+15
subtract 15 from both sides
12=4r
divide both sides by 4
3=r
There are 3 red marbles
27=b+r
27=b+3
subtract 3 from both sides
24=b
There are 24 blue marbles