In an installment loan, a lender loans a borrower a principal amount P, on which the borrower will pay a yearly interest rate of i (as a fraction, e.g. a rate of 6% would correspond to i=0.06) for n years. The borrower pays a fixed amount M to the lender q times per year. At the end of the n years, the last payment by the borrower pays off the loan.
After k payments, the amount A still owed is
<span>A = P(1+[i/q])k - Mq([1+(i/q)]k-1)/i,
= (P-Mq/i)(1+[i/q])k + Mq/i.
</span>The amount of the fixed payment is determined by<span>M = Pi/[q(1-[1+(i/q)]-nq)].
</span>The amount of principal that can be paid off in n years is<span>P = M(1-[1+(i/q)]-nq)q/i.
</span>The number of years needed to pay off the loan isn = -log(1-[Pi/(Mq)])/(q log[1+(i/q)]).
The total amount paid by the borrower is Mnq, and the total amount of interest paid is<span>I = Mnq - P.</span>
Logically if you double weight on something it means that you are adding the exact same weight as the first object to the same thing to make it twice the weight as the original, so yes... the weight will double if the length is doubled
<u>Answer:</u>
<u>Explanation:</u>
Before we begin, remember that:
(
)ⁿ = 
This means that power is distributed in case of division
The given is:
Applying the above rule, we would get:
= 
Hope this helps :)
Answer:
1/4
Step-by-step explanation:
1/2=2/4
2/4+1/4= 3/4
4/4-3/4= 1/4
Answer:
the correct answer is Dipole-dipole interactions are the strongest intermolecular force of attraction.
Step-by-step explanation:
hope this helps
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