9514 1404 393
Answer:
- $137.90 more each month
- $246.00 less total interest
Step-by-step explanation:
The amortization formula is ...
A = P(r/12)/(1 -(1 +r/12)^(-12t))
for the monthly payment on principal P at annual rate r for t years. Here, we have P=3300, r = 0.14, and t=1, so the monthly payment is ...
A = $3300(0.14/12)/(1 -(1 +0.14/12)^-12) ≈ $296.30
The payment of $296.30 is ...
$295.30 -158.40 = $137.90 . . . more each month
The total amount paid is 12×$296.30 = $3555.60, so 255.60 in interest. This amount is ...
$501.60 -255.60 = $246.00 . . . less total interest
to get the answer you first need to do is $5 × 9 and that will get you $45. then you add the $25 to the $45
Answer:
Mom is 40 and her daughter is 4; in eight years, mom will be 48 and her daughter will be 12.
Step-by-step explanation:
Draw two lines that connect at one point. label where they connect w and the other two ends j
Answer:
76.0
Step-by-step explanation:
