(-3 7following is equivalent
__.
4
Answer : $3403.53
Detailed Solution:
<span>principal was 10,675
interest rate was 4.75% per year compounded annually.
additional $939.25 was paid in service charges.
payment on the principal plus interest is shown below:
pv = 10675
i = .0475/12 = .0039583333... per month.
n = 9 * 12 = 108 months.
fv = 0
pmt = 121.6635... per month
total finance charge would be (108 * 121.6635... + 939.25 - 10675).
that equals to 13139.66 + 939.25 - 10675 = 3403.91
</span>
The first one is 10.5
The second is y10
And the third is 7
Jon pays $40 and $15. This means that he pays a total of $55. You multiply the total cost by 0.05, which is $2.75. To convert a number to a percentage, multiply it by 100. So, 0.05 as a percent is equal to 5%.
His sales tax will be $2.75.
Yeah I’m pretty sure you’re right
