You can use the following online calculator to answer your question. http://www.arachnoid.com/lutusp/finance.html you would make the folowing entries: Present Value = 738.14 Future Value = 0 Number of Payments is left blank because you want to solve for that. Payment Amount = -265.00 Interest Rate per period = 17.9% per year divided by 12 = 1.491666667% per month. Payment At is at End. click on the NP button and it will tell you the number of months required for the loan to be fully paid off. the calculator will show you that it will take 2.87 months for you to fully pay off the loan of $738.14 when you are paying it off at $265.00 at the end of each momth and the interest rate if 1.491666667% per month. now that you know how long it takes for you to pay it off, you can determine what the interest amount is that you paid. multiply your payment of 265 per month by 2.87 months to get a total payment of $ 760.55 your loan was for $738.14. the difference is the amount of interest you paid. that will be $760.55 - $738.14 =<span>
<span>22.41</span></span>$\ you paid $22.41 in interest.
The answer is math+math=math
Answer:
means that ab=c
Step-by-step explanation:
Answer: (C) 0.1591
Step-by-step explanation:
Given : A manufacturer of radial tires for automobiles has extensive data to support the fact that the lifetime of their tires follows a normal distribution with
Let x be the random variable that represents the lifetime of the tires .
z-score : 
For x= 44,500 miles
For x= 48,000 miles
Using the standard normal distribution table , we have
The p-value : 
Hence, the probability that a randomly selected tire will have a lifetime of between 44,500 miles and 48,000 miles = 0.1591
