Paying $46.50 monthly, a financial calculator says it will take 30 months to pay off the loan.
Paying $71.00 monthly, it will take 19 months to pay off the loan.
Making the higher payment, Drew can pay off his loan 11 months sooner.
_____
If you solve the amortization formula for n, the number of payments, you get
... n = -log(1-(Pi/A))/log(1+i)
where P is the principal value of the loan (1250), i is the monthly interest rate (.007), A is the monthly payment (46.50 or 71.00).
Answer:
1/2 cup of sugar per cup of flour
Answer:
Answer:
18 cups.
Step-by-step explanation:
We are given that Bernie spends $6.50 on ingredients and cups for his lemonade stand. He charges $1.50 for each cup of lemonade. Inequality that represents this situation: .
To find number of cups x to make a profit of at least $20 we will use our given inequality.
Therefore, in order to make a profit of at least $20 Bernie need to sell 18 cups of lemonade.
50 pieces because when you do 25 times two fits you 50 fits witch can be reduced to 10
In exponential form 720,080 is:
7 × 10^5
+ 2 × 10^4
+ 0 × 10^3
+ 0 × 10^2
+ 8 × 10^1
+ 0 × 10^0
