Answer:
What is it?
Step-by-step explanation:
Answer:
-1
Step-by-step explanation:
-4(-1)-5=4-5=-1
If he starts paying after four years, the worth of the loans by then is b. $31,616.16
<h3>What is a Loan?</h3>
This refers to the amount collected from a lender to be repaid after a given time, usually with added interest.
Hence, we can see that:
The effective monthly interest rate is:
i = 0.053/12 = 0.0044
The effective annual interest rate is:
i = (1 + 0.0044)^12 -1 = 0.0543
The present worth of all the loans is:
P = 6125 + 6125 (1 + 0.0543)^-1 + 6125 (1 + 0.0543)^-2 + 6125(1 + 0.0543)^-3
P = $22,671.40
If he pays them prompty, then the total lifetime cost would be
P = 22671.40 (1 + 0.0543)^4 = $31,616.16
Read more about loans here:
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Answer: Ricky: 1204, Pedro: 1481
Step-by-step explanation:
If Pedro hit 277 more base hits that Ricky, and together they hit 2685, then
2685=2x+277
2x=2408
x=1204
so Ricky hit 1204 base hits and Pedro hit 1481.
check: 1204+1481=2685
Answer:
-35, 1.25, 2, 2
Step-by-step explanation:
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