$27 / 4 = 6.75 dollars per hour
4 / 24 = 0.148 = 0.15 hours per dollar
Answer is A
In 18 minutes its 120 because you find the unit
The applicable formula is
A = P(r/12)/(1 -(1+r/12)^(-12n))
where P is the principal amount,
r is the annual interest rate (compounded monthly), and
n is the number of years.
Using the formula, we find
A = 84,400*(0.04884/12)/(1 -(1+0.04884/12)^(-12*15))
= 84,400*0.00407/(1 -1.00407^-180)
= 343.508/0.518627
≈ 662.34
The monthly payment on a mortgage of $84,400 for 15 years at 4.884% will be
$662.34
A. nine hundredths
B. Thirty five hundredths
C. Seven Tenths
D. Three Thousandths
E. One Hundred Fourty five Thousandths
F. Fifty Nine Ten Thousandths
35 + 14
The greatest common factor for both is 7. Factor out 7
7(5 + 2) is your answer
Hope this helps
