Answer:
F = $13,802.31
she can finance $13,802.31 with this loan.
Step-by-step explanation:
Given;
Rate r = 7% = 0.07
Time t = 4 years
Payment per month MP = $250
Number of months per year n = 12
This can be solved using compound interest for future value series formula;
F = future value
F = MP(((1 + r/n)^(nt) - 1)/(r/n))
Substituting the given values, we have;
F = $250(((1 + 0.07/12)^(12×4) - 1)/(0.07/12))
F = $13,802.31
(3/5)(2/5)=6/25
.............................
Answer:
72%
Step-by-step explanation:
90/125 is .72
out of 125 CD's there are 72% of rock CD's and 28 of unknown CD's
6543 divided by 3 = 2181 followers per group
