Answer: $32,732.58
Step-by-step explanation:
To calculate the total loan payment over the course of the loan period, use the future value formula:
= Loan amount * (1 + rate) ^ number of years
As this loan is compounded monthly, you need to convert certain terms to monthly figures:
Number of periods = 6 * 12 months = 72 months
Interest = 4.5 / 12 = 0.375%
Total payment:
= 25,000 * ( 1 + 0.375%)⁷²
= $32,732.58
I don’t know man u should provide the choices also pls give me brainliest luv u
Formula : 2 x pie x radius
1. 2x3.14x3=18.84in
2.2x3.14x6=36.48yd
3.2x3.14x4=25.12ft
4.2x3.14x12=75.36yd
Tax = 7.65% of $23, 750
Tax = 0.0765 x 23750
Tax = $1816.88 (nearest hundredth)
------------------------------------------------------
Rachel needs to pay $1816.88 for FICA tax
------------------------------------------------------