Answer: her monthly payments would be $267
Step-by-step explanation:
We would apply the periodic interest rate formula which is expressed as
P = a/[{(1+r)^n]-1}/{r(1+r)^n}]
Where
P represents the monthly payments.
a represents the amount of the loan
r represents the annual rate.
n represents number of monthly payments. Therefore
a = $12000
r = 0.12/12 = 0.01
n = 12 × 5 = 60
Therefore,
P = 12000/[{(1+0.01)^60]-1}/{0.01(1+0.01)^60}]
12000/[{(1.01)^60]-1}/{0.01(1.01)^60}]
P = 12000/{1.817 -1}/[0.01(1.817)]
P = 12000/(0.817/0.01817)
P = 12000/44.96
P = $267
15% of R560 - 15% of R500
=> 0.15 × 560 – 0.15 × 500
=> 0.15 ( 560–500)
=> 0.15 × 60
=> Rs. 9
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Answer:C
Step-by-step explanation: I believe it is C according to my calculations
The answer to your question is 0.125 Hope this helps! God bless
It’s rent because variables are related to the sales volume of your business
