Given:
<span>F= $335,000
n = 30 years at a fixed rate of i = 7.5%
Required:
the total cost of the principal
Solution:
F = P(1+i)^n
P = F/(1+i)^n
P = 335,000 / (1.0.075)^30
P = 38,264.05</span>
The correct answer is 720. Just turned it in and got a 100. Good luck and hoped this help ya.
Answer:
1:23
Step-by-step explanation:
20 / 460
= 1 / 23
= 1:23