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ryzh [129]
3 years ago
15

Write 7/12 as a percentage correct to two decimal places

Mathematics
1 answer:
inna [77]3 years ago
6 0
58.33%. 7 divided by 12 equals 0.5833, so you can just move the decimal two places to the right to find the percentage.
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Please helpp pleaseee​
Elena L [17]

Answer:

i belive it is 900

Step-by-step explanation:

(n-2)180

(7-2)180

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56 successful students is 70​% of what number of​ students?
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56 is 70% of 80 students.

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Consider a home mortgage of ​$225,000 at a fixed APR of 4.5 ​% for 30 years. a. Calculate the monthly payment. b. Determine the
White raven [17]

<u>The formula for the monthly payment</u>.....

M= \frac{P(1+r)^nr}{[(1+r)^n] -1} , where P = the principal amount, r = the monthly interest rate and n = the total number of months.

Here annual interest rate is given as 4.5%

So, the monthly interest rate =\frac{4.5\%}{12}= 0.375\% = 0.00375

Total number of months = (30*12)months=360 months

Also given that, the principal amount is $225000

a.  So, the monthly payment will be.....

M= \frac{P(1+r)^nr}{[(1+r)^n] -1}\\ \\ M= \frac{225000(1+0.00375)^3^6^0*0.00375}{(1+0.00375)^3^6^0 -1}\\ \\ M= \frac{225000(1.00375)^3^6^0*0.00375}{(1.00375)^3^6^0 -1} \\ \\ M \approx 1140

Thus, the monthly payment will be approximately $1140


b. The <u>total amount paid</u> over the term of the loan will be: \$ 1140*360 months = \$ 410400


c.   As the principal amount was $225000 , so the amount of interest = (\$ 410400- \$ 225000)= \$ 185400

So, the percentage of amount that is paid toward the principal =\frac{225000}{410400}*100\% =54.82\%

and the percentage of amount that is paid toward the interest =\frac{185400}{410400}*100\%=45.18\%

4 0
3 years ago
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