Answer:
9
Step-by-step explanation:
The reciprocal of 1/9 is 9/1 which is just 9.
<h2>First step/Equation</h2>
Answer:
$362.57
Step-by-step explanation:
A suitable calculator or finance app can find the monthly payment for you. This result comes from a TI-84 calculator.
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The second attachment shows the parameters of the payment function. With 20% down, Anthony is only financing 80% of the price of his car. Of course, there are 12 months in a year, so 4 years worth of payments will be 48 payments. The calculator uses negative values for amounts you pay.
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No doubt your reference material shows you a formula for computing loan payments. One such is ...
A = Pr/(1 -(1+r)^-n)
where r is the monthly interest rate, 0.068/12, and n is the number of payments, 48. The principal amount of the loan, P, will be 19,000×0.80. This formula gives the same result as that shown above and below
If the circumference is half of the perimeter than the area for both circles would be half of them find one circles area and half it
Answer:
The percentage of overdue accounts are held by customers in the "risky credit" category is 62.5%
Step-by-step explanation:
Customers in the "risky" category (25% of total accounts) allow their accounts to go overdue 50% of the time on average.
That means that on average, 12.5% of total accounts is overdue.
0.25*0.50 = 0.125
In the "good credit" category only 10% goes overdue. That means 7,5% of total accounts goes overdue in this category.
0.75*0.10=0.075
The total accounts that go overdue is 0.125+0.075 = 0.200.
The percentage of overdue accounts held by customers in the "risky credit" category is:
0.125/0.200 = 0.625 or 62.5%
