Answer:
Katelyn's monthly payment for the loan is $ 2,032.52
Step-by-step explanation:
The formula given is explicit,we can solve for monthly payment using the below formula
P=L(1-r/r-r^n+1)
r=1/(1+i)
i=5.6%/12=0.47%
5.6% is an annual interest rate,it would be appropriate to restate in monthly terms
r=1/(1+0.47%)=0.995
n=5 years*12 months=60
L is the loan amount of $100,000
P=100000*(1-0.995)/(0.995-0.995^60+1)
=100000*(1-0.995)/(0.995-0.74)
=100000*0.005/0.246
=$ 2,032.52
Step-by-step explanation:
Option D
Answer:
The answer will be D. 145
Step-by-step explanation:
Because I said so
Answer:4
Step-by-step explanation:
finding the product of 2 numbers means that you have to multiply those numbers
when multiplying fractions , numerators are multiplied by numerators and denominators by denominators
therefore product of 3/8 and 16 is 6
next we have to find 2/3 of 6
'of' operator means multiplication
answer is 4
hope it helps
mark brainliest
xoxo
The answer is A cause 30% is 0.7 and f(n-1) equals the amount being sold the +50 is for every 50 new one and the the 235 is for what they started with
