Answer:
Loan Q’s finance charge will be $83.73 greater than Loan P’s
Step-by-step explanation:
Using EMI Formula
EMI = [P x R x (1+R)^N]/[(1+R)^N-1]
Loan P
P = $19,450
R = 5.8/1200
N = 9 * 12 = 108
EMI = 231.6 $
Amount Paid = 231.6 * 108 = $ 25012.8
Interest Paid = 25012.8 - 19450 = $ 5562.8
Service Charge = $ 925
Total Finance Charges = $ 6487.8
Loan Q
P = $19,450
R = 5.5/1200
N = 10 * 12 = 120
EMI = 211.1 $
Amount Paid = $ 25330.8
Interest Paid = 25330.8 - 19450 = $ 5880.8
Service Charge = $ 690.85
Total Finance Charges = $ 6571.65
Loan Q - Loan P fiance charges = $ 83.85
Loan Q’s finance charge will be $83.73 greater than Loan P’s is closet
Answer:
<h3>15</h3>
Step-by-step explanation:
<h2>you need to find the lcf(least common factor) of the two numbers which is 15</h2>
Answer:
3
Step-by-step explanation:
If the number of downloads of the standard version is x, and the high quality is x, 2.1*x+4.1*y=2761 (not 1010 due to that this is multiplied by 2.1 and 4.1, therefore representing the total amount of megabytes) In addition, there are 1010 total downloads, and it's either 2.1 MB or 4.1 MB, so x+y=1010.
We have
2.1x+4.1y=2761
x+y=1010
Multiplying the second equation by -2.1 and adding it to the first equation, we get 2y=2761-1010*2.1=640 and by dividing both sides by 2 we get y=320 downloads of the high quality version
Step-by-step explanation:
5/10+2/10
7/10
0.7
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