Answer:
The correct answer to the following question will be "70.56".
Step-by-step explanation:
The given values are:
Loan requires, PV = $100,000
Years = 20
Number of months, n = 240
Rate interest = 4.90000%
Monthly rate, r = 0.408333%
Monthly rental payment = $725
As we know,
![PV=PMT\times (\frac{1}{r})\times [1-[\frac{1}{(1+r)^n}]]](https://tex.z-dn.net/?f=PV%3DPMT%5Ctimes%20%28%5Cfrac%7B1%7D%7Br%7D%29%5Ctimes%20%5B1-%5B%5Cfrac%7B1%7D%7B%281%2Br%29%5En%7D%5D%5D)
On putting the values in the above formula, we get
⇒ ![100000=PMT\times (\frac{1}{0.004083333})\times [1-(\frac{1}{(1+0.004083333^{240})})]](https://tex.z-dn.net/?f=100000%3DPMT%5Ctimes%20%28%5Cfrac%7B1%7D%7B0.004083333%7D%29%5Ctimes%20%5B1-%28%5Cfrac%7B1%7D%7B%281%2B0.004083333%5E%7B240%7D%29%7D%29%5D)
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Now,
On putting the values, we get
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⇒ 
5/8÷1/3=5/8×3/1
(multiply by reciprocal instead of dividing)
5/8×3/1=15/8=1.875
Answer:
48/30 3/18 40/16 6/9 21/49 20/15 18/24 30/25 8/16
Step-by-step explanation:
Find the common denominator, then whatever it is, multiply the top to match it. For examples you start with 7/5 and you are trying to get the denominator to 25, you would multiply 7x5 which equals 35/25. Hope this helps.
Answer:
$2.25
Step-by-step explanation:
First, we (always) highlight key details. In this case, we would highlight that th candy is 90 cents per pound, and the she bought 2.5 pounds. Now, we just multiply 2.5 by .90, and boom! We get $2.25. Mrs. Nixon spent $2.25 (or two dollars and twenty-five cents) on candy bars.
Answer:
-10
Step-by-step explanation:
