Ok so I uploaded the picture of how to do the promblem step by step so you know :)
The amount of money I would repay in the first month is $166.67.
The amount of money I would repay in the second month is $166.67.
The amount of money I would repay in the third month is $166.66.
<h3>How much would I repay each month?</h3>
In order to determine the money that would be repaid each of the first two months, multiply 1/3 by the amount of the loan.
1/3 x $500 = $166.67
Amount to be repaid in the third month = $500 - (166.67 x 2) = $166.66
To learn more about loans, please check: brainly.com/question/25811386
Answer:
all real numbers
Step-by-step explanation:
the domain will always be all real numbers
Answer:
$637.50
Step-by-step explanation:
P = $3000
t= 5years
r = 4.25% per annum
Interest = (p×r×t)/100
= (3000×4.25×5)/100
= $637.50
