The answer to this question is:0.1428571429.
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Answer:
5,004,300
Step-by-step explanation:
Answer:
$21,623.70
Step-by-step explanation:
A suitable financial calculator can compute the beginning balance and the remaining balance for you. The attachments show a TI-Nspire calculator's TVM solver app being used to answer this question.
The first attachment shows the computation of the loan value. It is about $37,624.54.
The second attachment shows the computation of the remaining balance after 16 of the 32 semi-annual payments have been made.
The loan balance 8 years from the end of the loan will be about $21,623.70.
Answer:
18
Step-by-step explanation:
20/2 + 8
Divide the numerator and denominator by 2
20 / 2
2 / 2
Divide the numbers
10
2 / 2
=
10 / 1
Any expression divided by 1 remains the same
10 + 8 = 18