Answer:
The correct option is B.
Step-by-step explanation:
The formula for amount after compound interest is

Where P is principal, r is rate of interest, n is number of times interest compounded in a period, t is number of years.
It is given that Felix took out an unsubsidized student loan of $40,000 at a 3.6% APR, compounded monthly. The amount after 33 month is

The amount after 33 month is $44156.1074. So, the new principle amount is $44156.1074.
The monthly payment of $44156.1074 for 20 years is

Where, P.V. is present value, r is rate of interest and n is number of times interest compounded.



Therefore the correct option is B.
Answer:
4,000
Step-by-step explanation:
I= P*R*T/ 100
480= P*6*2/100
48000= 12P
Divide.
P= 4000
Answer:
Step-by-step explanation:
no ur good u got all of them
A is the answer i think
if not then c
In math, 'of' means 'multiplied by,' so 15% of 32 translates to '15% * 32.'
Now solve the equation:
x = 15% * 32
x = .15 * 32
x = 4.8