ANSWER:
$9.0.
Each person will owe $9.0.
STEP-BY-STEP SOLUTION:
Total amount of people:
= 3
Total bill:
= $31.84
Discount off total bill:
= 15%
Total bill after discount:
= 31.84 × ( 100% - 15% )
= 31.84 × 85%
= 27.064
Total bill after discount split evenly / Amount each person will owe:
= 27.064 ÷ 3
= 9.0213 ( 3 repeater )
= $9.0 ( rounded to the nearest tenth )
<span>There is a formula for a loan : A = P * r * ( r + 1 ) ^n / (( r + 1 ) ^n - 1 ), where P is the loan and A is the monthly payment. So P = $4,250 and r = 0.1325 : 12 = 0.011. ( 13.25 % = 0.1325 and we divide it by 12, because the interest is compounded monthly ). A = 4,250 * 0.011 * 1.011^(24) / ( 1.011^(24) - 1 ) = 4,250 * 0.11 * 1.3 / 0.3 = 4,250 * 0.0477; A = $202.55. Finally we have to multiply this sum by 24 : the total finance charge: $202.55 * 24 = $ 4,861.20. Answer: D ) $4,861.20 </span>
Answer:
The number of applications received is approximately 30,000 and the success rate is approximately 32%.
Step-by-step explanation:
The application curve is red in colour, on 2001 trace it the right hand side, the number of applications received is approximately 30,000.
The percentage of grants funded is equal to the success rate which is the curve green in colour. On 2001 trace the curve to the left hand side, the success rate is approximately 32%.
