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
If you have $12.50 to spend, what is the cost of the most expensive item that you can buy? ... The sales tax in TN on nonfood items is 7%. .... Write a function rule to describe each situation The sellings price s(c) after a 45% markup ..... you want to write a program to calculate the total cost of an item that has sales tax added.
Answer:
{red, red, red, orange, orange, green, green, green, blue, blue, blue, and blue}
Step-by-step explanation:
I think you just list all of them, I hope it's right, if not im gonna feel stupd
Answer: yes
Step-by-step explanation:
12 3
4 1
to get to 3 from 12 you divide by 4 and to get from 4 to 1 you also divided by 4
The value of x and y in the given equation is determined -1 and -2 respectively.
<h3>
Value of x and y</h3>
The value of x and y can be determined by solving the two equations simultaneously.
y = -2x - 4 ----- (1)
y = 4x + 2 ----- (2)
solve (1) and (2) together
-2x - 4 = 4x + 2
-6x = 6
x = -1
y = 4(-1) + 2
y = -4 + 2
y = -2
Learn more about equations here: brainly.com/question/2972832
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