Answer:
The monthly payment for the loan amount for 20 years is $806.167
Step-by-step explanation:
The principal loan amount= $ 50,000
The rate of interest = 7 %
the time period of loan = 20 years = 20 × 12 = 240 months
let the amount after 20 years = $ A
<u>From Compounded method</u>
Amount = Principal ×
or, A = 50,000 ×
or, A = 50,000 ×
Or, A = 50,000 × 3.8696
∴ Amount = $ 193,480
So, The amount after 20 years = $ 193,480
The monthly payment amount = $ = $ 806.167
Hence The monthly payment for the loan amount for 20 years is $806.167 Answer
Answer: 19 degrees is your answer
Step-by-step explanation:
Answer:
The answer is 82.
Step-by-step explanation:
Just work it through.
The equation given in the question is
y = 2.54 x
In this equation, x is in cm and y is in inches
Size of the ruler = 1 foot
= 12 inches.
Putting the value of 12 inches in the equation, we get
y = 2.54x
= 2.54 * 12
= 30.48 cm
From the above deduction, we can conclude that the length of the ruler is 30.48 cm. I hope that this is answer that you were looking for and the answer has come to your desired help.