Paying $46.50 monthly, a financial calculator says it will take 30 months to pay off the loan.
Paying $71.00 monthly, it will take 19 months to pay off the loan.
Making the higher payment, Drew can pay off his loan 11 months sooner.
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If you solve the amortization formula for n, the number of payments, you get
... n = -log(1-(Pi/A))/log(1+i)
where P is the principal value of the loan (1250), i is the monthly interest rate (.007), A is the monthly payment (46.50 or 71.00).
Answer: 140
Step-by-step explanation: 7/35 = 5 so for every 5 people 1 will be checked. 700/5= 140
Assuming there are 23 crayons in each pack, you have 184 crayons.
Answer:
The answer is below
Step-by-step explanation:
ANOVA can be used in a construction industry whereby the construction or project manager is saddled with the responsibility of picking the most appropriate method of construction or materials to be used during construction in the face of two or more alternative options.
For example in terms of method of construction, two or three methods of construction may be available to pick from to construct a building project.
However, due to the possibility of differences in construction cost, and project duration. The construction manager may need to use an ANOVA test to determine the project duration of each method and if it is later revealed through the test that all the methods of construction will lead to the project being delivered on time as the client scheduled.
Then, the construction manager may then result to pick the least expensive alternative of the construction methods.
An array shows objects in equal rows. You can use the Commutative Property of Multiplication to multiply the numbers in any order.