Take the square root of 10,000, which is 100.
How many times does 12 go into 60?
5 times.
What is 100/5?
20
So, 20%.
You could also just divide 12/60 then get .2 and then realize that it is the same as .20 and that is the same as 20%.
Present value = 135000
Monthly interest, i = 0.06/12 = 0.005
Monthly payment, A= 869.81
Future value of loan after 16 years

[compound interest formula]


Future value of payments after 16 years



Balance = future value of loan - future value of payments
=351736.652-279288.456
= $ 72448.20
Note: the exact monthly payment for a 25-year mortgage is



Repeating the previous calculation with this "exact" monthly payment gives
Balance = 72448.197, very close to one of the choices.
So we conclude that the exact value obtained above differs from the answer choices is due to the precision (or lack of it) of the provided data.
The closest choice is therefore <span>$72,449.19</span>
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Answer:
552
Step-by-step explanation:
This is a problem of permutation which can be solved by rule of fundamental counting principle.
This principle states that if there "m" ways of doing one thing and "n" ways of doing other. Then no. of ways in which both the things can be done together is "m*n". This can be extended for m, n, p,r, s things and so on.
example: if there are 5 shirts and 3 trousers then number of ways in which the shirts and trousers can be worn is 5*3 = 15 ways.
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The given problem is on similar concepts.
here 6 short stories, 4 novels, and 23 poems have to be assigned to his class.
Thus it can be done in 6*4*23 = 552 ways.