Answer:
$144.70
Step-by-step explanation:
Calculation to determine how much greater will the amount of interest capitalized be than the minimum amount that she could pay to prevent interest capitalization
First step is to determine the Interest only monthly repayments
Using this formula
I=Prt
where,
P=$6925
r=0.05/1
t=1
Let plug in the formula
I=6925*0.05/12
I= $28.854166666
Second step is to determine the amount she will owe after 4 years
Using this formula
S=P(1+r)n
Let plug in the formula
S=6925*(1+0.05/12)4*12
S=6925*(1+0.05/12)48
S=$8454.70
Third step is to determine the Interest part
Interest =8454.70 - 6925
Interest = $1529.70
Now let determine the how much greater will the amount of interest capitalized be
Interest capitalized=1529.70 - 1385.00
Interest capitalized =$144.70
Therefore how much greater will the amount of interest capitalized be than the minimum amount that she could pay to prevent interest capitalization is $144.70
Answer:
A) y = x - 3/4
Step-by-step explanation:
The equation of the line with slope m and intercept b is
y = mx + b
Here were have slope = m = 1.
y-intercept = b = -3/4
Equation:
y = mx + b
y = 1x + (-3/4)
y = x - 3/4
Answer: A) y = x - 3/4
Answer:
polar bear bc who doesnt want a polar bear in theyre room B)
Step-by-step explanation:
polr bears r cool
We will use addition to find the length of the new, longer hose.
6.25 feet + 5.755 feet + 6.5 feet = 18.505 feet is the length of the new longer hose.