Answer:
a. number of periods over which interest is calculated on the loan
Step-by-step explanation:
A formula should always be accompanied by an explanation of what it calculates and the meaning of each of its variables. This formula calculates P, the periodic payment on a loan of n periods at interest rate i (compounded) per period. The principal amount of the loan is PV.
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The same formula can also be used to calculate an annuity from which payment P is received at the end of each of n periods. The amount invested is PV and the interest rate per period (compounded per period) is i.
1 km = 0.621371 miles
5 km = 5 x 0.621371 = 3.106855 miles
round off as needed.
Answer:
-1.25
Step-by-step explanation:
-5=X/4
-5(4)=-1.25
11/18 is the correct answer:))
11.5% × 350 =
(11.5 ÷ 100) × 350 =
(11.5 × 350) ÷ 100 =
4,025 ÷ 100 =
40.25