7/12 + 6/12 + 2/12 =
2 answers:
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Answer:
Twelve divide by six times two.
4
Step-by-step explanation:
To solve this problem, first you have to use the order of operations stands for parenthesis, exponents, multiply, divide, add, and subtract from left to right.
First, multiply & divide numbers from left to right.
Therefore, the correct answer is twelve divide by six times two or 4.
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Answer:
The monthly payment for the loan amount for 20 years is $806.167
Step-by-step explanation:
The principal loan amount= $ 50,000
The rate of interest = 7 %
the time period of loan = 20 years = 20 × 12 = 240 months
let the amount after 20 years = $ A
<u>From Compounded method</u>
Amount = Principal ×
or, A = 50,000 ×
or, A = 50,000 ×
Or, A = 50,000 × 3.8696
∴ Amount = $ 193,480
So, The amount after 20 years = $ 193,480
The monthly payment amount = $ = $ 806.167
Hence The monthly payment for the loan amount for 20 years is $806.167 Answer