Answer : $3403.53
Detailed Solution:
<span>principal was 10,675
interest rate was 4.75% per year compounded annually.
additional $939.25 was paid in service charges.
payment on the principal plus interest is shown below:
pv = 10675
i = .0475/12 = .0039583333... per month.
n = 9 * 12 = 108 months.
fv = 0
pmt = 121.6635... per month
total finance charge would be (108 * 121.6635... + 939.25 - 10675).
that equals to 13139.66 + 939.25 - 10675 = 3403.91
</span>
Answer:
w = -1.266
Step-by-step explanation:
distribute the 5 by everything in the parenthesis and then bring everyhting down then you should have a regular equation to work w
-(-6) in simplest form is +6 because a - times a - is a +
Amount financed
320−100=220
Total paid
100+25×12=400
Interest paid
400−320=80
Interest rate=(2yc)÷(m (n+1))
I=(2×12×80)÷(220 (12+1))
I=(2×12×80)÷(220×13)
I=0.67×100
I=67%
Answer:
or 
Step-by-step explanation:
we know that
Applying the law of cosines

In this problem we have

c is the length of the third side
Substitute




or 