Answer:
The final amount would be about $365
Step-by-step explanation:
The formula for that would be A = P(1+i)^n
A = 300(1.05)^4
A = 300(1.21550625)
A = 364.651875
Answer:
The correct answer is A -3.
Step-by-step explanation:
18/(-3)=-6
To get to -6 from 18 you need to divide by -3.
To get to 2 from -6 you will divide by -3.
$251,618
Step-by-step explanation:
Amount = $ 150,000
APR = 3.8 % = 3.8 / 100 = 0.0038
Rate per month = 0.003166
Monthly payment = 30 years = 360 months
Interest = P* r/n (1 + r/n) ∧ nt ÷ (1 + r/n) ∧ nt - 1
The total amount Ms Moore will pay back to the bank =
= $251,618
