So 2% is 2/100. That would be 0.02.
Answer:

Step-by-step explanation:



<em>hope this helps.....</em>
They will need 3 cars, but one of the cars will be having 3 passengers instead of 4. :)
Answer:
The chosen topic is not meant for use with this type of problem. Try the examples below.
√x+2=3
−4+y=3y+4(y−3)
2+|3x|=2+3
Given Information:
Monthly payment = MP = $1500/4 = $375
Monthly interest rate = r = 25/12 = 2.083%
Required Information:
Present Value = ?
Answer:

Explanation:
n = 10*4
n = 40 monthly payments
The present value is found by

Where r is monthly interest rate.
MP is the monthly payment.



Therefore, $10,110 is the present value of 10 quarterly payments of $1500 each at 25% interest rate compounded each month.