Answer: $32,732.58
Step-by-step explanation:
To calculate the total loan payment over the course of the loan period, use the future value formula:
= Loan amount * (1 + rate) ^ number of years
As this loan is compounded monthly, you need to convert certain terms to monthly figures:
Number of periods = 6 * 12 months = 72 months
Interest = 4.5 / 12 = 0.375%
Total payment:
= 25,000 * ( 1 + 0.375%)⁷²
= $32,732.58
Answer:
0.02549509756
nearest hundredth: 0.03
nearest thousandth: 0.025
nearest ten-thousandth: 0.0255
Step-by-step explanation:
1.3x10^-2 = 0.013
0.013x0.05= .00065
Square root of .00065 is 0.02549509756
Answer:
18 3/4 kg of rice
Step-by-step explanation:
<u>Start</u>
<u>Day 1</u>
- He uses 1 3/4 kg of rice
- 25 - 1 3/4 = 23 1/4 kg remaining
<u>Day 2</u>
- He uses 4 1/2 kg of rice
- 23 1/4 - 4 1/2 = 18 3/4 kg of rice
<u>End</u>
Answer:
Step-by-step explanation:
115% = 115/100 = 1.15
of means multiply
1.15 * 95 = 109.25
