The answer to this is 384.57909
You are told to ignore the amount of principal paid, so you are apparently to assume the loan amount was for $50 thousand.
a) The old monthly payment was $10.67×50 = $533.50
b) The new monthly payment is $11.72×50 = $586.00
c) The increase in monthly payment is figured in the usual way:
... (new/old -1)×100% = (1.0984-1)×100% = 9.84%
_____
In reality, about 3% of the loan will have been paid at the end of 2 years. Thus, the original loan amount may have been near $51,500. This problem is telling you to ignore the difference.
Answer:
92
Step-by-step explanation:
To calculate the employee raise, we multiply how much he is making by the percent of his raise.
Raise= 14.41*7.5%
Change to decimal 14.41*.075
Raise=.75
His raise is $10.80
Hello :
<span>A. 5th degree polynomial </span>
