The group of values plugged into the TVM Solver of a graphing calculator that will return the amount of a 25-year loan with an APR of 16.8%, that is paid off with monthly payments of $340 is:
A. N=300; 1%-1.4; PV = PMT=-340; FV=0; P/Y=12; C/Y=12;PMT:END
What is monthly compounding?
Monthly compounding in this case the number of payments would be the number of monthly payments in 25 years, which is 300 monthly payments(i.e. 12*25=300), this means that options B and D are obviously incorrect because number of payments, N is given as 25( 25 years instead of 300 months)
What is monthly interest rate?
The monthly interest is the annual interest rate of 16.8% divided by 12, which is 1.40%, in short, option C is also wrong because I/Y(monthly interest rate) was as shown as an interest rate of 16.8% instead of 1.40%
Overall, the correct option is A, because the number of payments and interest rate were stated correctly, unlike other options that were incorrectly written
Find out about more about TVM Solver notations on:brainly.com/question/14586708
#SPJ1
So tis is a ratio 16 is to 3 or 16:3
if use 64 tea bags then how many cups of sugar so
turn 16:3 into fraction
16:3=16/3 or 3/16, it doesn't matter
then you want to find 64:x or 64/x or x/64
we know that 16/3=64/x because it tis an equivalent ratio
so 16/3=64/x
multiply both sdies by (3 times x)
16 times x times 3/3=64 times 3 times x/x
16 times x=64 times 3
16x=192
divide both sdies by 16
x=12
theanswer is 12 cups of sugar
6 is your answer, hope it helped
Answer:
The better bar to buy is the Nutty Crunch
Step-by-step explanation:
4.74 / 6 = 0.79 per bar
7.80 / 10 = 0.78 per bar
:)