Answer:
$2,263.63
Step-by-step explanation:
You start with "if" but don't end with what your goal is. I will assume that you want to know how much you'll have to pay after 5 years to pay off this $1,000 loan.
Use the compound amount formula A = P(1 + r)^5. Replacing P with $1,000, r with 0.1775 and t with 5 years, we get the payoff balance
A = $1,000(1 + 0.1775)^5 = $2,263.63
Answer:
4
6
8
9
18
20 21 22 24 32
33 34 35 36 45
46 48 49 50 57
58 60 62 63 70
Step-by-step explanation:
Answer:
B) 3
Step-by-step explanation:
<u><em>If it was right please mark me brainleist.</em></u>
9514 1404 393
Answer:
a) $42.35
b) $5124.56
c) $407.44
Step-by-step explanation:
a) The interest due is that for one month on the remaining balance:
I = Prt
I = $5082.21·0.10·1/12 = $42.35
__
b) The final payment is ...
$5082.21 +42.35 = $5124.56
__
c) Had Hudson continued paying, he would have paid ...
20·$276.60 = $5532.00
So, he saved ...
$5232.00 -5124.56 = $407.44
Answer:
25.93 miles
Step-by-step explanation:
Given
27% -----> 7 miles
1% --------> (7 ÷ 27) miles
100% -----> (7 ÷ 27) x 100 miles = 25.93 miles
