Classify the following triangle check all that apply
2 answers:
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Given Information:
Monthly payment = MP = $1500/4 = $375
Monthly interest rate = r = 25/12 = 2.083%
Required Information:
Present Value = ?
Answer:
Explanation:
n = 10*4
n = 40 monthly payments
The present value is found by
Where r is monthly interest rate.
MP is the monthly payment.
Therefore, $10,110 is the present value of 10 quarterly payments of $1500 each at 25% interest rate compounded each month.
Answer:
6
Step-by-step explanation:
a^2+b^2=c^2
6^2+6^2=c^2
36+36=c^2
72=c^2
square root 72 is the hypotenuse
Or simplified 6
Or decimal form 8.48528137424
Rounded 8.49