Part 1:
After payment of $300, remaining balance = $2,348.62 - $300 = $2,048.62.
Interest accrued is given by:
Had it been $600 was paid, remaining balance = $2,348.62 - $600 = $1748.62. Interest accrued is given by:
Difference in interest accrued = $14.94 - $12.75 = $2.19
Part 2:
The present value of an annuity is given by:
Where PV is the amount to be repaid, P is the equal monthly payment, r is the annual interest rate and n is the number of years.
Thus,
Therefore, the number of months it will take to pay of the debt is 3.99 months which is approximately 4 months.
The radius is 2 and area = r^2*pi so 4*pi gives you 12.56 so the exact answer would be 12.56 and the answer with pi would be 4 times 3.14!
An even number is a number that is divisible by 2.
This means that dividing this number by 2 yields no remainder (the remainder is zero).
The even numbers between 7 and 16 are:
8 as 8/2 = 4 and remainder is zero
10 as 10/2 = 5 and remainder is zero
12 as 12/2 = 6 and remainder is zero
14 as 14/2 = 7 and remainder is zero
Weathering-the process of wearing or being worn by long exposure to the atmosphere.