Because you have to go in the order of PEMDAS, parenthesis, exponents, multiplication, division, addition, and subtraction. From what you are saying, 'why you must simplify 3 to the second power first' it seems that you have no parenthesis, so you move onto what is next, which is exponents, in this case, 3 to the power of two.
The group of values plugged into the TVM Solver of a graphing calculator that will return the amount of a 25-year loan with an APR of 16.8%, that is paid off with monthly payments of $340 is:
A. N=300; 1%-1.4; PV = PMT=-340; FV=0; P/Y=12; C/Y=12;PMT:END
What is monthly compounding?
Monthly compounding in this case the number of payments would be the number of monthly payments in 25 years, which is 300 monthly payments(i.e. 12*25=300), this means that options B and D are obviously incorrect because number of payments, N is given as 25( 25 years instead of 300 months)
What is monthly interest rate?
The monthly interest is the annual interest rate of 16.8% divided by 12, which is 1.40%, in short, option C is also wrong because I/Y(monthly interest rate) was as shown as an interest rate of 16.8% instead of 1.40%
Overall, the correct option is A, because the number of payments and interest rate were stated correctly, unlike other options that were incorrectly written
Find out about more about TVM Solver notations on:brainly.com/question/14586708
#SPJ1
A parallelogram is a quadrilateral with opposite sides parallel. The first figure above is a parallelogram. ... A rectangle is a quadrilateral because it has four sides, and it is a parallelogram because it has two pairs of parallel, congruent sides. All four angles are right angles.
The rent for one book for one week is thirteen dollars and thirty-three cents.
Answer:
30,114.3%
Step-by-step explanation:
Use the percent increase formula:
((new value - initial value) / initial value) x 100
Plug in the values:
((211,500 - 700) / 700) x 100
(210,800 / 700) x 100
= 30,114.29
So, the percent increase is 30,114.3%
