Answer:
total cost of her loan be if she paid it off 8 years early $389,507.11
Step-by-step explanation:
The formula for annual compound interest, including principal sum P, rate of interest r, number of years t, and the number of times that interest is compounded per year is n:
A = P (1 + r/n)^ (nt)
calculate total cost after 22 years
P = $145,000
r = 4.5 %
t = 22 years
n = 12
A = P (1 + r/n)^ (nt)
A = 145,000(1 + 4.5/12)^ (22x12)
A = $389,507.11
Answer: 26 pieces of $1 bill and 34 pieces of $5 bill
Total Deposit = $196
Total Bills = 60 pieces
Value of $1 = $1
Value of $5 = $5
Lets assume all the 60 pieces were $1 bill.
The total deposit will be 60 x $1 = $60
But we know that the total deposit is $196. So the extra value must have come from the $5.
$196 - $60 = $136
There is still an outstanding amount of $136 not accounted for.
$5 - $1 = $4
The difference in the two bills is $4
Now we can find out the number of $5 bill by dividing the extra $136 by 4:
136 ÷ 4 = 34 pieces
There are 34 pieces of $5 bill.
Since there are 34 pieces of $5, the rest must be the $1 bill
60 - 34 = 26
There are 26 pieces of $1 bill.
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Answer: 26 pieces of $1 bill and 34 pieces of $5 bill.
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Answer:mot sire
Step-by-step explanation:
Answer:the first bowl
Step-by-step explanation: