Can someone help me out with this one?
1 answer:
You might be interested in
The apothem is the distance from the center to the midpoint of one of the sides of a regular polygon. You can make a right triangle with the apothem, the line from the midpoint to the corner and the line from the center to the corner. An equilateral triangle has 60 degree angles (180/3). The right triangle has half of one of those angles so 30 degrees. Now we have a 30-60-90 triangle where the short leg is 5cm. The long leg, which is also half of one side of the triangle is thus 
. A whole side of the triangle is 
. Multiply that by 3 to get the perimeter of <span>
.</span>
Answer:
a.) 1908.30
b.) 96373.15
c.)302491.15
unrounded answers below
Step-by-step explanation:
The amount that is to be loaned out is 380000-110000=270000
The effective montly rate is .07/12=.005833333
a.)
b.)
use what is called the prospective method (the outstanding loan balance at time n is equal to the present value of the remaining payments)
c.)
total paid= 1908.303833*12*25=572491.1499
amount of loan: 270000
Total interest paid:
572491.1499-270000=302491.1499