Answer:
c. $467.29
Step-by-step explanation:
The total of balances is $9360. The payment can be computed using the amortization formula:
A = P(r/12)/(1 -(1 +r/12)^-n)
where A is the monthly payment, P is the principal (total balance), r is the annual rate, and n is the number of months.
Filling in your numbers, we have ...
A = $9360(0.18/12)/(1 -(1 +0.18/12)^-24) ≈ $467.29
Frank's monthly credit card payment will be $467.29.
Answer:
3/4 = 12/16
Step-by-step explanation:
3 x 4 = 12
4 x 4 = 16
12/16 :)
Answer:
B. $1.60 per notebook
Step-by-step explanation:
Because:
4 notebooks ÷ $2.50 (4 notebooks cost) = $1.60 per notebook
Answer:
Equation: 
Solve for n: n = 112
Step-by-step explanation:
To first set up the equation, you need to look at the verbal description and translate into numbers and operations:
'three fourths a number' = 
'plus 8' = + 8
'is' =
'20 less' = - 20
'the number' = n
Put the expressions together:
'three fourths a number plus 8': 
'20 less than the number': n - 20
Set them equal to each other and solve: 
Add 20 to both sides: 
Subtract
from both sides: 
Multiply both sides by
: 
Solve for n: n = 112