Answer:
Third choice
Step-by-step explanation:
the answer is the one with
9 18
-13 -14
Answer:
$550.97
Step-by-step explanation:
The amortization formula will tell you the payment amount.
A = P(r/12)/(1 -(1 +r/12)^(-12t))
where A is the monthly payment, P is the principal amount of the loan, r is the annual interest rate, t is the number of years. Using your values, this is ...
A = $12,000(0.095/12)/(1 -(1 +0.095/12)^(-12·2)) ≈ $550.97
The amount of Gerald's payment is $550.97.
No it isn’t correct, it’s the second one! Good luck!
Answer:
2 2/3
Step-by-step explanation:
Make them into improper fractions first.
11/2 - 17-6
Then multiply 11/2 so that they have common denominators.
33/6 - 17/6
Then solve.
33/6 - 17/6 = 16/6
Then convert back into a mixed number.
2 4/6 or 2 2/3