Answer:
your answer is 11
Step-by-step explanation:
Answer:
<h3>710.48</h3>
Step-by-step explanation:
<h3>I hope it's helpful for you</h3>
Step-by-step explanation:
Use this calculator to check your answers and help explain the equation step by step.
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Hi there
First find the monthly payment of each offer to see which monthly payment is lower
The formula of the present value of annuity ordinary is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value
PMT monthly payment
R interest rate
K compounded monthly 12
N time
Solve the formula for PMT
PMT=pv÷[(1-(1+r/k)^(-kn))÷(r/k)]
Bank F
PMT=16,200÷((1−(1+0.057÷12)^(
−12×8))÷(0.057÷12))
=210.53
Bank G
PMT=16,200÷((1−(1+0.062÷12)^(
−12×7))÷(0.062÷12))
=238.21
From the above the monthly payment of bank f is lower than the bank g
And since the lifetime of bank g is lower than bank f the answer is
b. Yvette should choose Bank F’s loan if she cares more about lower monthly payments, and she should choose Bank G’s loan if she cares more about the lowest lifetime cost.
Good luck!
Answer:
The measurement which Jane finds to be 10 meters is the length of the banner.
Step-by-step explanation:
The measurement of 10 meters which Jane found after measuring how long the banner is before painting is the LENGTH of the banner.
This is clear from the unit of what she finds (meters). It only indicates the measurement of one part of the banner, even though a banner has two parts, the length and width.
It is possible to find the AREA, or PERIMETER, or LENGTH.
But what she finds is the LENGTH of the banner. If it was Area or Perimeter, the unit would have been square meters.