Answer:
c. $467.29
Step-by-step explanation:
The total of balances is $9360. The payment can be computed using the amortization formula:
A = P(r/12)/(1 -(1 +r/12)^-n)
where A is the monthly payment, P is the principal (total balance), r is the annual rate, and n is the number of months.
Filling in your numbers, we have ...
A = $9360(0.18/12)/(1 -(1 +0.18/12)^-24) ≈ $467.29
Frank's monthly credit card payment will be $467.29.
Answer:
C
Step-by-step explanation:
Answer: Use the formula y = mx + b in order to solve for b. Then, plug in known vaules.
y= -13x -57
Step-by-step explanation:
2(l+w)=P
72 x 2= 144
240 - 144= 96
96/2= 48
your answer would be 48in.
<u>check
</u>2(72+48)= 240
144+96= 240
240=240
