Answer:
39 months
Explanation:
loan balance $5,000
APR = 17.3% compounded monthly / 12 = 1.44167% monthly interest rate
monthly payment = $170
if we use the present value of annuity formula:
PV = payment x ({1 - [1/(1 + r)ⁿ]} / r)
5,000 = 170 x ({1 - [1/(1 + 0.0144167)ⁿ]} / 0.0144167)
29.4118 = {1 - [1/(1.0144167)ⁿ]} / 0.0144167
0.42402 = 1 - [1/(1.0144167)ⁿ
1/(1.0144167)ⁿ = 0.57598
1.0144167ⁿ = 1 / 0.57598 = 1.73617
n log1.0144167 = log1.73617
n 0.00621639 = 0.2395926
n = 0.2395926 / 0.00621639 = 38.54 ≈ since the payments must be made in full months, we have to round up to 39 months
to check our answer:
PV = payment x ({1 - [1/(1 + r)ⁿ]} / r)
PV = 170 x ({1 - [1/(1 + 0.0144167)³⁹]} / 0.0144167)
PV = $5,044.36
Answer:
llc ,No restrictions on the number of members allowed
pass through taxation
The term that describes the origin of the action step in Monroe's motivated sequence would be the conclusion. In addition to that, this kind of sequence is specifically design to "organize persuasive speeches" that would motivate a group of people to take an action in a specific problem.
<span>The following tips should be given to Anshul:
Practice Deep Breathing
Drink Water
Smile more
Use Visulization Techniques by imagining that you are delivering your presentation to an audience that is interested, enthused, smiling, and reacting positively
Slow down the speech
Move around the presentation area
Stop thinking about yourself</span>
The answer is 6250 buddy.
You're welcome
-From Hockey
