You are told to ignore the amount of principal paid, so you are apparently to assume the loan amount was for $50 thousand.
a) The old monthly payment was $10.67×50 = $533.50
b) The new monthly payment is $11.72×50 = $586.00
c) The increase in monthly payment is figured in the usual way:
... (new/old -1)×100% = (1.0984-1)×100% = 9.84%
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In reality, about 3% of the loan will have been paid at the end of 2 years. Thus, the original loan amount may have been near $51,500. This problem is telling you to ignore the difference.
Answer:
The answer is D
Step-by-step explanation:
Answer:
Step-by-step explanation:
The length of one revolution of the sprocket is ...
C = 2πr = 2π(1.5 in) = 3π in
Then the length of 3250 revolutions is ...
3250(3π in) = 30,630.53 in
About 30,631 inches of chain travel past the sprocket in one minute.
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There are 12 inches in a foot, so the number of feet is ...
30,630.53 in/(12 in/ft) = 2552.54 ft
About 2553 feet of chain travel past in one minute.
Answer:
-3
Step-by-step explanation:
5+-3 equals 2 because it is technically 5-3.
