Answer:
$1,127.86
Step-by-step explanation:
The amortization formula is ...
A = Pr/(1 -(1+r)^-n)
where A is the payment amount, P is the principal amount, r is the interest rate per period, and n is the number of periods.
Here, we have P=$16,231, r=0.051/4=0.01275, n=4·4=16.
So, the payment is ...
A = $16,231·0.01275/(1 -1.01275^-16) = $1,127.86
The quarterly payment amount is $1,127.86.
Answer:
7
Step-by-step explanation:
4y²-106=90
4y²=90+106
4y²=196
4y²/4=196/4
y²=49
y=√49
y=7
Answer:
i think the answer is 2.5 but im not 100% sure if it is.
Step-by-step explanation:
50/50 chance.
Rachel needs to work 64 hours to earn 1 vacati on day
Answer:9=d, 10=a, and 11=c
Step-by-step explanation: