1. Using "exact" interest, your charge will be
.. I = Prt
.. I = $855.28*0.154*(31/365)
.. I = $11.19
2. It will take 52.01 months to pay off the loan.
3. Your payment on 15,250 for 4 years will be $363.41. The effective interest rate that payment represents on a loan of $15,000 is 7.604%
4. Todd's monthly payments will be $409.06, so his total outlay will be
.. tax+license + down payment + loan repayment
.. = 1200 +1000 +48*409.06
.. ≈ $21,835
You are basically asking 160% of X = 70.
1) 70 x 100 = 7000 (to turn the 70 into a %)
2) 7000 /160 = 43.75
You can reverse the equation to double check the answer.
160% x 43.75 = 70
Hi there! I can help you! 8 + (-9) + (-2). When adding negative integers, you have to subtract. 8 - 9 is -1 and -1 - 2 is -3. You would have to start at 8 and go to the left 11 times to land on -3. The sum to the problem is -3.