17 bc it's in the middle (btw I didn't make that up my teacher in 6th grade said that)
The payments are ...
A = P(r/n)/(1 -(1+r/n)^(-nt))
where P is the principal amount, $699,000*0.80 = $559,200
r is the annual interest rate, 0.05
n is the number of compoundings per year, 12
t is the number of years.
Then
A = 559,200*(0.05/12)/(1 -(1 +0.05/12)^(-12*35)) = 2822.21
The total of 420 of these payments is $1,185,328.20, which is $626,128.20 more than the loan amount.
Jamie's total finance charge is about $626,128.20.
_____
There is always some minor adustment required in the amount of the last payment. That has not been taken into account here.
Answer:
A. Use the distributive property.
Step-by-step explanation:
We cannot use the distribute property because there are not parentheses to distribute a number through.
5x + 15 + 2x = 24 + 4x
We can collect the terms, and isolate the variable
<h3>
Answer: 8</h3>
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Work Shown:
Let's say there are 28 cards in a full stack.
6/7 = 24/28 after multiplying top and bottom by 4
Since he has 24/28 of a stack left, this means he has 24 cards left.
He wants to arrange the remaining cards into piles so that each pile consists of 3/28 of a full stack. In other words, he wants each pile to have 3 cards.
So this must mean he will get 24/3 = 8 piles
(8 piles)*(3 cards per pile) = 8*3 = 24 cards total
