345500=pmt[(1-(1+0.04875/12)^(-12×15))/(0.04875/12)]
Solve for pmt
Pmt=2709.75
Gio should for sure devide everything by ^2 and then combine like terms.
Amount Daisy plans to spend on food is $625
Step-by-step explanation:
- Step 1: Given total savings of Daisy = $5000. Find the amount spent by Daisy on her room
Amount spent on room = 3/4 of 5000 = 3/4 × 5000 = $3750
- Step 2: Calculate the remaining amount.
Remaining amount = $5000 - $3750 = $1250
- Step 3: Calculate the amount Daisy plans to spend on food
Amount to be spend on food = 1/2 of 1250 = 1/2 × 1250 = $625
Answer:
The answer is "option b"
Step-by-step explanation:
Amount = $26,900
r= 0.0818
%


t= 8 years






Payment 




