Answer:
x = 4
Step-by-step explanation:
12/15=28/a which is a=35
then 35+28=63
14x+7=63 and x would be 4
9514 1404 393
Answer:
- $137.90 more each month
- $246.00 less total interest
Step-by-step explanation:
The amortization formula is ...
A = P(r/12)/(1 -(1 +r/12)^(-12t))
for the monthly payment on principal P at annual rate r for t years. Here, we have P=3300, r = 0.14, and t=1, so the monthly payment is ...
A = $3300(0.14/12)/(1 -(1 +0.14/12)^-12) ≈ $296.30
The payment of $296.30 is ...
$295.30 -158.40 = $137.90 . . . more each month
The total amount paid is 12×$296.30 = $3555.60, so 255.60 in interest. This amount is ...
$501.60 -255.60 = $246.00 . . . less total interest
Answer:
7.5 = 8
Step-by-step explanation:
Step 1:
30/100=0.3
Step 2:
0.3 x 25 = 7.5
Round: 8
14.89/8
Divide by 8/8
Final Answer: 1.86/1 (Rounded)