Use the attached formula.
r = 6 / 1,200 = .005
Principal = 15,000
n = number of payments = 5 yrs * 12 months = 60
TOTAL Loan Cost = (.005 * 15,000 * 60) / 1 -(1.005^-60)
TOTAL Loan Cost = 4,500 / (1 -
<span>
<span>
<span>
0.7413721962</span></span></span>)
TOTAL Loan Cost = 4,500 /
<span>
<span>
<span>
0.2586278038
</span>
</span>
</span>
TOTAL Loan Cost =
<span>
<span>
<span>
17,399.52</span></span></span>
Although it is NOT one of the choices, I think my answer of 17,399.52 is correct. Using a monthly loan payment calculator, I get 289.99 for the monthly payment. 290*60 months = 17,400 so that seems correct.
I do not think that formula you posted is correct. (Compare it to the one I posted.)
<span> b
(2a + (2 • —)) - 5c = 0
</span>
Answer:
5 in 12 chance or 42% probability of happening
9514 1404 393
Answer:
70 square units
Step-by-step explanation:
The overall outline is 15 units wide and 8 units high, for an area of ...
A = WH
A = (15 units)(8 units) = 120 units²
__
The white space taken out of that overall area is 5 units high and 15-4-1 = 10 units wide. The area of the white space is ...
A = (5 units)(10 units) = 50 units²
__
The shaded area is the difference between the overall area and the white space taken out:
shaded = 120 units² -50 units² = 70 units²
<u><em>Answer:</em></u>
37/96
<u><em>Explanation</em></u>:
Hazel uses 1yd for 60 charms, so for 5/8yd she would use 5/8×60=37.5.
Because she can’t use a fraction of a charm, she would use 37 charms which is 37/96 of the charms she has.