Answer: $32,732.58
Step-by-step explanation:
To calculate the total loan payment over the course of the loan period, use the future value formula:
= Loan amount * (1 + rate) ^ number of years
As this loan is compounded monthly, you need to convert certain terms to monthly figures:
Number of periods = 6 * 12 months = 72 months
Interest = 4.5 / 12 = 0.375%
Total payment:
= 25,000 * ( 1 + 0.375%)⁷²
= $32,732.58
48/4 = 12 teaspoons per each batch
454/12 = 37.83 batches can be made
3.49/37.83 = 0.092$ per each batch
The answer to this question is 12,321
Answer:
V = lwh
Step-by-step explanation:
Volume means the amount of space an object takes up.
The volume for a rectangular prism can be found with this formula:
Or simply expressed as:
V = lwh
"l" is the lowercase L for <u>length</u>.
"w" is for the <u>width</u>.
"h" is for the <u>height</u>.
To find the volume, substitute the three dimensions into the formula, and multiply.
Answer: she invested $2500 at the rate of 10%.
she invested $1500 at the rate of 6%.
Step-by-step explanation:
Lisa invests $x in bond A and $y in bond B.
Lisa invests $4,000 in two types of bonds, bond A and bond B. This means that
x + y = 4000
Bond A offers a 10% return, and bond B offers a 6% return. Therefore,
Interest on bond A is 0.1x
Interest on bond B is 0.06y
Her total return on the investment is $340. It means that
0.1x + 0.06y = 340
Therefore, The system of linear equations defining the situation is
x + y = 4000
0.1x + 0.06y = 340 - - - - - - - - - - -1
Substituting x = 4000 - y into equation 1, it becomes
0.1(4000 - y) + 0.06y = 340
400 - 0.1y + 0.06y = 340
- 0.1y + 0.06y = 340 - 400
- 0.04y = - 60
y = - 60/ - 0.04
y = 1500
x = 4000 - 1500
x = 2500
