Answer:
141.5
Step-by-step explanation:
because, x=26.5 and y=4 and then, its just plugining it into the equation Im not sure about the x and y but, I took the test and got it right.
Present value of annuity PV = P(1 - (1 + r/t)^-nt) / (r/t)
where: p is the monthly payment, r is the APR = 14.12% = 0.1412, t is the number of payments in one year = 12, n is the number of years = 2.
1,120.87 = P(1 - (1 + 0.1412/12)^(-2 x 12)) / (0.1412 / 12)
0.1412(1120.87) = 12P(1 - (1 + 0.1412/12)^-24)
P = 0.1412(1120.87) / 12(1 - (1 + 0.1412/12)^-24) = $53.88
Minimum monthly payment = 3.15% of 1120.87(1 + 0.1412/12) = 0.0315 x 1120.87(1 + 0.1412/12) = $35.72
Therefore, his first payment will be greater than the minimum payment by 53.88 - 35.72 = $18.16
Answer:
Julia has enough gas to mow the two yards.
Step-by-step explanation:
Given:
Julia needs 
gallon of gas to mow first yard.
Julia needs 
gallon of gas to mow second yard.
Julia has a total of 
gallon of gas in in her can.
To find whether she has enough to mow both yards.
Solution:
Total gallons of gas needed to mow two yards can be found out by :
⇒ 
Taking LCD =80.
⇒ 
⇒ 
Adding the numerators.
⇒ 
⇒ 1.2125 gallons
Julia has gallon = 1.5 gallons of gas in in her can.
Since 
, thus we can say that Julia has enough gas to mow the two yards.
