Answer:
PV= Max Loan amount = PMT*B(i,T) and PMT = 1200. Calculate B(i,T) = B(6%/12, 360)
=(12/.06)(1-(1/(1.005))360) I will let you complete the calculation
Step-by-step explanation:
Answer:
A) 3 1/3
Step-by-step explanation:
5 x 2 = 10
10/3= 3 with a remainder of 1. That gives you 3 1/3
Sorry what grade are you in
Answer:
$0.342 ; 34.2 cents
Step-by-step explanation:
Given that:
Share price fell by 76% in past year :
current price per share = $0.45
Drop in price of share in past year :
76% of current price
0.76 * $0.45
= $0.342
Price dropped by $0.342 per share
In cent, 0.342 * 100 = 34.2 cents
