Answer:
9
Step-by-step explanation:
range is the range from the lowest # through the biggest # in other words subtract the smaller number from the bigger number
Answer:
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Step-by-step explanation:
Use the attached formula.
r = 6 / 1,200 = .005
Principal = 15,000
n = number of payments = 5 yrs * 12 months = 60
TOTAL Loan Cost = (.005 * 15,000 * 60) / 1 -(1.005^-60)
TOTAL Loan Cost = 4,500 / (1 -
<span>
<span>
<span>
0.7413721962</span></span></span>)
TOTAL Loan Cost = 4,500 /
<span>
<span>
<span>
0.2586278038
</span>
</span>
</span>
TOTAL Loan Cost =
<span>
<span>
<span>
17,399.52</span></span></span>
Although it is NOT one of the choices, I think my answer of 17,399.52 is correct. Using a monthly loan payment calculator, I get 289.99 for the monthly payment. 290*60 months = 17,400 so that seems correct.
I do not think that formula you posted is correct. (Compare it to the one I posted.)
Since dimes + quarters = 22
And dimes are 0.10 cents as quarters = 0.25 cents
Let’s make d = dime, q = quarter
d + q = 22
0.10d + 0.25q = 4.00
Let’s use substitution
d + q = 22, get d or q by itself
d = 22 - q (plug into second equation)
0.10(22-q) + 0.25q = 4
2.2 - 0.10q + 0.25q = 4
2.2 + 0.15q = 4
0.15q = 1.8, q = 12
Since there are 12 quarters you know there are 10 dimes (22 in total)
Solution: 10 dimes, 12 quarters
Answer:
....................trapezium