1. Using "exact" interest, your charge will be
.. I = Prt
.. I = $855.28*0.154*(31/365)
.. I = $11.19
2. It will take 52.01 months to pay off the loan.
3. Your payment on 15,250 for 4 years will be $363.41. The effective interest rate that payment represents on a loan of $15,000 is 7.604%
4. Todd's monthly payments will be $409.06, so his total outlay will be
.. tax+license + down payment + loan repayment
.. = 1200 +1000 +48*409.06
.. ≈ $21,835
Answer:
solution given:
principal [P]=$850
time[T]=8years
rate[R]=8%
now
simple interest [S.I.]= =$ =$544
so
Total balance=S.I.+P=$544+$850=$1394.
<u>option b.$1,394.00 is your answer</u>
Answer: width = 36 m
Step-by-step explanation:
Width = Volume / (height x length)
Width = 13500 / (25 x 15)
= 13500/375
= 36 m
Answer:
(a) The constant of proportionality is 0.25
(b) 1 apple = $0.25
(c) $3 = 12 apples
Step-by-step explanation:
Given
Solving (a): The constant of proportionality;
For an equation:
Where
k = constant of proportionality
By comparing: to
Hence, the constant of proportionality is 0.25
Solving (b): What information does gives.
It represents the unit rate.
<em>So, it means that 1 apple costs $0.25</em>
<em></em>
Solving (c): Number of apples for $3.
This means that
Substitute 3 for c in
Make n the subject