Stop capping its 5 points
Answer:
c. $467.29
Step-by-step explanation:
The total of balances is $9360. The payment can be computed using the amortization formula:
A = P(r/12)/(1 -(1 +r/12)^-n)
where A is the monthly payment, P is the principal (total balance), r is the annual rate, and n is the number of months.
Filling in your numbers, we have ...
A = $9360(0.18/12)/(1 -(1 +0.18/12)^-24) ≈ $467.29
Frank's monthly credit card payment will be $467.29.
It can't. 9 x 1/4 = 2 and 1/4. The equation in the question is a false statement.
Answer:
Area: 36 inches
Perimeter: 26 inches
Step-by-step explanation:
:)
