Answer: her monthly payments would be $267
Step-by-step explanation:
We would apply the periodic interest rate formula which is expressed as
P = a/[{(1+r)^n]-1}/{r(1+r)^n}]
Where
P represents the monthly payments.
a represents the amount of the loan
r represents the annual rate.
n represents number of monthly payments. Therefore
a = $12000
r = 0.12/12 = 0.01
n = 12 × 5 = 60
Therefore,
P = 12000/[{(1+0.01)^60]-1}/{0.01(1+0.01)^60}]
12000/[{(1.01)^60]-1}/{0.01(1.01)^60}]
P = 12000/{1.817 -1}/[0.01(1.817)]
P = 12000/(0.817/0.01817)
P = 12000/44.96
P = $267
16 Ounces, I hope this helps, Mark me brainliest
Answer:
44 or 45
Step-by-step explanation:
400 divided by nine
Answer:
20,800
Step-by-step explanation:
Answer:
49
Step-by-step explanation:
Given:
Width = 0.4
Let's take the z value of 95% which is = 1.96
Let's assume population proportion p1 and p2 = 0.5
For margin of error E, the relation between the width and margin of error is 2E.
i.e 2E = 0.4
E = 0.2
To find the sample size, n, let's use the formula :
= 48.02
≈ 49
