3 years ago

Please explain and solve 2/3 = m/42

1 answer:

4 0

Whatever you do to the numerator you must do to the denominator so 3 goes into 42 14 times so 3x14=42 2x14=28 so 2/3is equivalent to 28/42

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jenyasd209 [6]

Answer:

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Step-by-step explanation:

The given values are:

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Monthly rate, r = 0.408333%

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As we know,

$PV=PMT\times (\frac{1}{r})\times [1-[\frac{1}{(1+r)^n}]]$

On putting the values in the above formula, we get

⇒ $100000=PMT\times (\frac{1}{0.004083333})\times [1-(\frac{1}{(1+0.004083333^{240})})]$

⇒ $100000=PMT\times 152.8014557$

⇒ $PMT=\frac{100000}{152.8014557}$

⇒ $PMT=654.44$

Now,

$Saving \ Per \ Month =Rent \ per \ month-PMT$

On putting the values, we get

⇒ $=725-654.44$

⇒ $=70.56$

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