Answer: $3,927
Step-by-step explanation:
The interest will accrue as a simple interest rate for 10 years and then the grace period of six months.
The total time is therefore: 10.5 years.
Interest for those 10.5 years is:
= Loan amount * No. of periods * interest rate
= 5,500 * 10.5 * 6.8%
= $3,927
Answer:
A - Hopes this helps.
Step-by-step explanation:
Number 3 is gonna be 2 and Number 4 will be 294 I hope this would help u a little bit I will figure out the Other questions
Answer:
The correct answer is 1/2 or 0.5
Step-by-step explanation:
8(15-4)/4^2-5
8(11)/4^2-5
Now i'm going to multiply 8 by 11
88/4^2-5
Now solve 4^2
Which is 16.
Now we have 88/16-5
Divide 88 and 16 which is 5.5.
Now minus 5.5 - 5 which gets us our answer: 0.5