Answer:
95
Step-by-step explanation:
You multiply base x height and divide by 1/2 to find an area of a triangle.
The applicable formula is
A = P(r/12)/(1 -(1+r/12)^(-12n))
where P is the principal amount,
r is the annual interest rate (compounded monthly), and
n is the number of years.
Using the formula, we find
A = 84,400*(0.04884/12)/(1 -(1+0.04884/12)^(-12*15))
= 84,400*0.00407/(1 -1.00407^-180)
= 343.508/0.518627
≈ 662.34
The monthly payment on a mortgage of $84,400 for 15 years at 4.884% will be
$662.34
Answer:
$38.46
Step-by-step explanation:
Minimum payment = 15% of balance
Balance = $256.38
Therefore
15% of $256.38
Change 15% to decimal
15% /100% x $256.38
0.15 x $256.38
$38.46
Her minimum payment is $38.46
Given :
Raffle tickets were sold for a school fundraiser to parents, teachers, and students. 563 tickets were sold to teachers. 888 more tickets were sold to students than to teachers. 904 tickets were sold to parents.
To Find :
How many tickets were sold to students.
Solution :
Ticket sold to teachers, T = 563 .
Ticket sold to parents, P = 904 .
Let, ticket sold to students are S.
Now, it is given that :
S = T + 904
S = 563 + 904
S = 1467 students
Therefore, tickets sold to students are 1467 .
Hence, this is the required solution.
