Answer:
no mode , 6 , 6.24
Step-by-step explanation:
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:
The expression that can be used is 0.80x
Step-by-step explanation:
Let
x ----> original price of an item
Remember that

That means---> the sale price is 80% of the original price
To find out the sale price, determine the 80% of the original price
----> percentage in decimal form
Multiply the original price by the percentage in decimal form to obtain the sale price
so
