Answer:
13402
Step-by-step explanation:
PV= $299,132
I/YR= 4.48% or 0.0448
N= 216
PMT= $13402
(Excel works great with this and will solve it for you, use the PMT function and insert the numbers provided. It will show a (-) but that is because a positive PV is placed.)
Answer:
24/60 = 2/5
Step-by-step explanation:
24/60
Divide both the numerator and denominator by a common factor, 6
4/10
Divide both the numerator and denominator by a common factor, 2
2/5
14/5-5/6=84/30-25/30=59/30
59/30=1 and 29/30
So you'd have to convert all of the values to one form, and I find it easiest to do it in decimals. 61% would be 0.61, 0.605 stays the same, 3/5 would be 0.6, and 59% would be 0.59. Now you can order them:
0.59, 0.6, 0.605, 0.61
You have to convert them back to their original form, however, so your answer would be
59%, 3/5, 0.605, 61%
I hope this helps!
