Answer:
$72,100
Step-by-step explanation:
To calculate the total principal+interest payment, you can use the formula to find the future value:
FV=PV(1+i)^n
FV= Future value
PV= Present value= $58,200
i= Interest rate= 7.40%
n= Number of periods of time= 3 years
Now, you can replace the values on the formula:
FV=58,200*(1+0.0740)^3
FV=58,200*(1.0740)^3
FV=72,100
According to this, the answer is that the total principal + interest payment will be $72,100.
Answer:
73
Step-by-step explanation:
you write 12 instead of b
Nearest tenths - 8.5
Nearest hundredths- 8.55
Answer:age of the man: 75 age of the woman:25
Step-by-step explanation:
First, We need to define the variables
x: age of the man
y: age of the woman
at the first time he has three times her age
x=3y (1)
in 25 years time
(x+25)=2(y+25) (2)
we clear the equation
X+25=2y+50
X=2y+25
we substitute in the (1) equation:
2y+25=3y
y=25
x=3*25=75
Answer:200
Step-by-step explanation: