Answer:
Yes, if you want to graduate yes
The scientific notation for 14,200,00= 1.42x10^6
Given:
Principal = 328,133.32
Interest rate = 6.2%, compounded monthly
term = 25 years
A = P (1 + r/n)^nt
A = 328,133.32 (1 + 6.2%/12)^12*25
A = 328,133.32 (1 + 0.0052)^300
A = 328,133.32 (1.0052)^300
A = 328,133.32 (4.74)
A = 1,555,351.94 Total value after 25 years.
1,555,351.94 / 300 months = 5,184.51 per month.
Answer:
3.2
Step-by-step explanation:
1/5=0.2
3 + 0.2 = 3.2