Present value of annuity PV = P(1 - (1 + r/t)^-nt) / (r/t)
where: p is the monthly payment, r is the APR = 14.12% = 0.1412, t is the number of payments in one year = 12, n is the number of years = 2.
1,120.87 = P(1 - (1 + 0.1412/12)^(-2 x 12)) / (0.1412 / 12)
0.1412(1120.87) = 12P(1 - (1 + 0.1412/12)^-24)
P = 0.1412(1120.87) / 12(1 - (1 + 0.1412/12)^-24) = $53.88
Minimum monthly payment = 3.15% of 1120.87(1 + 0.1412/12) = 0.0315 x 1120.87(1 + 0.1412/12) = $35.72
Therefore, his first payment will be greater than the minimum payment by 53.88 - 35.72 = $18.16
Answer:
176=12
Step-by-step explanation:
Answer: 1⁵/₈ pints
Step-by-step explanation:
First can contained 3¹/₄ pints and second can contained 6¹/₂.
To make them equal, first find the different;
= 6¹/₂ - 3¹/₄
= 6.5 - 3.25
= 3.25
Divide this difference by 2;
= 3.25/2
= 1.625
= 1⁶²⁵/₁₀₀₀
= 1⁵/₈ pints
If Carson pours 1⁵/₈ pints from the second Can, it would increase the first can to 4⁷/₈ pints whilst reducing the second can to 4⁷/₈ pints as well.
9514 1404 393
Answer:
-140 feet
Step-by-step explanation:
The relation between speed, distance, and time can be written ...
distance = speed × time
distance = (28 ft/s)(5 s) = 140 ft
In 28 seconds, the skydiver changed position by 140 feet. Since the direction is presumed to be down (falling), the change in altitude is -140 feet.
Substitute each value of x in y=2x-3
so,
first box (-2)
y= 2(-2)-3
y= -4-3
y= -7
second box (0)
y= 2(0)-3
y= 0-3
y= -3
third box (3)
y=2(3)-3
y=6-3
y=3