Hello from MrBillDoesMath!
Answer:
Interest paid = $ 1,713,568.73
Monthly p[payment = $4913.25
Discussion:
From the "compound interest formula:
A = final amount
P = Initial amount (Principal)
r = yearly interest rate
n = number of years of accumulation.
In our case,
A = 350000( 1 + .052)^35 =
350000 (5.90) = (approx)
$2,063,568.73
Interest = $2,063,568.73 - 350000 = $ 1,713,568.73
There are 35 *12 = 420 months in 35 years. So the monthly payment would be ($2,063,568.73 / 420) = $4913.25
Thank you,
MrB
Well if the student already finished 6 problems out of 15, there are 15-6 = 9 homework questions she still has to finish.
Still needs to complete: 9.
Already finished: 6
9 : 6.
Simplified: 3 : 2
31 in total and the smaller one has 13. So just subtract 31-13 and it means there are 18 balls in the larger bag
Hi there! The answer is C.
Explanation:
We have the following equation:

To solve this type of equation (with an x in the denominator of a fraction) we must cross-multiply the numerator and the denominator.

Multiply

Divide both sides by 15.

~ Hope this helps you!