Answer:
16
5
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I think
Step-by-step explanation:
<span>B(n) = A(1 + i)^n - (P/i)[(1 + i)^n - 1]
where B is the balance after n payments are made, i is the monthly interest rate, P is the monthly payment and A is the initial amount of loan.
We require B(n) = 0...i.e. balance of 0 after n months.
so, 0 = A(1 + i)^n - (P/i)[(1 + i)^n - 1]
Then, with some algebraic juggling we get:
n = -[log(1 - (Ai/P)]/log(1 + i)
Now, payment is at the beginning of the month, so A = $754.43 - $150 => $604.43
Also, i = (13.6/100)/12 => 0.136/12 per month
i.e. n = -[log(1 - (604.43)(0.136/12)/150)]/log(1 + 0.136/12)
so, n = 4.15 months...i.e. 4 payments + remainder
b) Now we have A = $754.43 - $300 = $454.43 so,
n = -[log(1 - (454.43)(0.136/12)/300)]/log(1 + 0.136/12)
so, n = 1.54 months...i.e. 1 payment + remainder
</span>
Answer:
if my math is correct
Step-by-step explanation:
2501.50
2504.65
100000000 needed to take up space to give you answr
The difference of the length of two different squares having area of 36 square meters and 49 square meters is 1 m.
According to the question,
We have the following information:
Two different squares have an area of 36 square meters and 49 square meters.
We know that the following formula is used to find the area of square:
Area = side*side
Side*side = 36
Side = √36
Side = 6 m
Now, side of the another square:
Side*side = 49
Side = √49
Side = 7 m
Now, the difference in the length of the sides of these two squares:
7-6
1 m
Hence, the difference of the length of two different squares having area of 36 square meters and 49 square meters is 1 m.
To know more about difference of the length here
brainly.com/question/20750630
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