Present value of annuity PV = P(1 - (1 + r/t)^-nt) / (r/t)
where: p is the monthly payment, r is the APR = 14.12% = 0.1412, t is the number of payments in one year = 12, n is the number of years = 2.
1,120.87 = P(1 - (1 + 0.1412/12)^(-2 x 12)) / (0.1412 / 12)
0.1412(1120.87) = 12P(1 - (1 + 0.1412/12)^-24)
P = 0.1412(1120.87) / 12(1 - (1 + 0.1412/12)^-24) = $53.88
Minimum monthly payment = 3.15% of 1120.87(1 + 0.1412/12) = 0.0315 x 1120.87(1 + 0.1412/12) = $35.72
Therefore, his first payment will be greater than the minimum payment by 53.88 - 35.72 = $18.16
Answer:
2*2*2*3*5*5
or
2^3 *3* 5^2
Step-by-step explanation:
600 = 60*10
These are not prime so keep going, breaking 60 and 10 down
= 6*10 * 5*2
6 and 10 are not prime so keep going ( 5 and 2 are prime)
= 3*2 * 5*2 * 5*2
All of the numbers are prime, so we normally write them in order from smallest to largest
2*2*2*3*5*5
We can write with exponents
2^3 *3* 5^2
Answer:
<em> A number on the left is less than a number on the right. A number on the right is greater than a number on the left. You can also try the zoomable number line. Place these people on the number line to find who is poorest and who is richest.</em>
0.8=0.8/1=8/10=4/5
not one of them
but,
2/9=0.2222222222
4/9=0.444444444444
7/9=0.7777777777
8/9=0.88888888888
I think you meant 0.8 repeating so
answer is D
Answer:
A. T > 2.539
Step-by-step explanation:
We have a hypothesis test of the mean, with unknown population standard deviation.
The hypothesis are:
From the hypothesis we can see that the test is right-tailed, so the critical value of t should be a positive value.
The degrees of freedom can be calculated as:
The significance level is 0.01, so the critical value tc should be the one that satisfies:
Looking up in a t-table, for 19 degrees of freedom, this critical value is tc=2.539.
