R equals approximately 4/5
Answer:
S
Step-by-step explanation:
Can't really explain
Answer: a. They can find the present value of the remaining 20 years worth of payments.
Step-by-step explanation:
The present value of the payments for the servicing of the loan is the amount of the loan that is still owed because the payments include both the interest and the principal repayments.
The Schmidts can therefore find out the amount they still owe by checking the present value of the remaining 20 years worth of payments.
As the payments are usually constant they can be treated as an annuity so using the monthly payment as the annuity, the interest rate as the discount rate and the 20 years ( 240 months) as the period, they should be able to find the present value of the loan.
Answer:
Let the number of hours traveled by train be "x".
The x = the number of hours traveled by plane.
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Equation:
train distance + plane distance = 1300 miles
50x + 275x = 1300
x(325) = 1300
x = 4 hours
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The trip took 8 hrs.
Step-by-step explanation:
Trust me
Answer:
7y
Step-by-step explanation:
7yg^0 is equal to 7y(1). Anything to the power of 0 is equal to 1. This means that the expression will be equal to 7y times 1 or 7y.
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