First find the total payments
Total paid
200×30=6,000 (this is the future value)
Second use the formula of the future value of annuity ordinary to find the monthly payment.
The formula is
Fv=pmt [(1+r/k)^(n)-1)÷(r/k)]
We need to solve for pmt
PMT=Fv÷[(1+r/k)^(n)-1)÷(r/k)]
PMT monthly payment?
Fv future value 6000
R interest rate 0.09
K compounded monthly 12
N=kt=12×(30months/12months)=30
PMT=6000÷(((1+0.09÷12)^(30)
−1)÷(0.09÷12))
=179.09 (this is the monthly payment)
Now use the formula of the present value of annuity ordinary to find the amount of his loan.
The formula is
Pv=pmt [(1-(1+r/k)^(-n))÷(r/k)]
Pv present value or the amount of his loan?
PMT monthly payment 179.09
R interest rate 0.09
N 30
K compounded monthly 12
Pv=179.09×((1−(1+0.09÷12)^(
−30))÷(0.09÷12))
=4,795.15
The answer is 4795.15
A factor of 14 is 7, and it isnt a multiple of 2.
7 x 2 = 14
Answer:
500 g = 0.5 kg
Step-by-step explanation:
1 kg = 1000 g
500 g = 0.5 kg
Answer:
76.2 yd
Step-by-step explanation:
180 ÷30 = 6
12.7 × 6 = 76.2
The interior angles of a triangle add up to 180 degrees
3x + 2x + x = 180
6x = 180
x = 180/6
x = 30
< C = 2x.......2(30) = 60 <===
< B = 3x.......3(30) = 90
< A = x................. = 30
