Answer:
The monthly payment for the loan amount for 20 years is $806.167
Step-by-step explanation:
The principal loan amount= $ 50,000
The rate of interest = 7 %
the time period of loan = 20 years = 20 × 12 = 240 months
let the amount after 20 years = $ A
<u>From Compounded method</u>
Amount = Principal ×
or, A = 50,000 ×
or, A = 50,000 ×
Or, A = 50,000 × 3.8696
∴ Amount = $ 193,480
So, The amount after 20 years = $ 193,480
The monthly payment amount = $ = $ 806.167
Hence The monthly payment for the loan amount for 20 years is $806.167 Answer
Hi there! 9.125 * 10^-3 is definitely less than 9.125 * 10^2, because when it comes to negative powers of 10, the numbers are decimals. 10^-3 equals 0.001 or one thousandths in word form. 10^2 is 100. When solving for the answers. 0.009125 is less than 912.5. When 912.5 is divided by 0.009125 912.5 is 100^5 or 100,000 times greater than 0.009125. The answer is that 9.125 * 10^-3 is 100,000 (100^5) times less than 9.125 * 10^2.
Answer:
44 p points in 4 quarters = llets per Qtr.
Answer:
Step-by-step explanation:
60° , 60° , 60°
Answer:
D.) 1:6
E.) 8:48
Step-by-step explanation: