Answer:
360
Step-by-step explanation:
Answer:
45% increase
Step-by-step explanation:
The new number (87) is bigger than the original number (60), so this is a percent increase.
To find the percent of change, which in this case is a percent increase, take the change amount and divide by the original, then convert to a percent.
Subtract to find the change.
87 - 60 is 27.
27 is the amount of change.
change/original
= 27/60
= .45
Times by 100 to change to a percent.
.45 × 100
= 45%
Answer:
Step-by-step explanation:
Given that,
The sum of first n term of a sequence is
We need to find the sum of the first 5 terms.
Put n = 5,
So, the sum of first 5 terms is equal to .
Answer:
Step-by-step explanation:
<u>Given</u>
- Monthly payment P = $300
- Time t = 3 years = 36 months
- Number of payments n = 36
- Interest rate r = 12% PA = 1% per month = 0.01 times
<u>Use loan payment formula:</u>
- P = r(PV) / (1 - (1 + r)⁻ⁿ),
- where P- monthly payment, PV - present value (amount of the loan), r -rate of interest, n- number of payments
<u>Substitute values and solve for PV:</u>
- 300 = (0.01*PV) / (1 - (1 + 0.01)⁻³⁶)
- PV = 300*(1 - 1.01⁻³⁶ )/ 0.01
- PV = 9032.25 ≈ $9000 (rounded to the nearest hundred dollars)
35/12. When you multiply the operation this is the answer you get.