A quotient of a number 21 is 3 and 63
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area = length times width
area = 2 meters * 3 meters
area = 6 m^2
If he starts paying after four years, the worth of the loans by then is b. $31,616.16
<h3>What is a Loan?</h3>
This refers to the amount collected from a lender to be repaid after a given time, usually with added interest.
Hence, we can see that:
The effective monthly interest rate is:
i = 0.053/12 = 0.0044
The effective annual interest rate is:
i = (1 + 0.0044)^12 -1 = 0.0543
The present worth of all the loans is:
P = 6125 + 6125 (1 + 0.0543)^-1 + 6125 (1 + 0.0543)^-2 + 6125(1 + 0.0543)^-3
P = $22,671.40
If he pays them prompty, then the total lifetime cost would be
P = 22671.40 (1 + 0.0543)^4 = $31,616.16
Read more about loans here:
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Answer:
The answer is C
Step-by-step explanation: because it is reflecting and is backwards.
Answer:
<em>The total price David paid for the computer is $933.12</em>
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Step-by-step explanation:
The cost of the computer will be $1,080 with 20% off and 8% sales tax.
20% of 1080 is 1080(0.20)=216 this means 216 is 20% of 1080, so with the discount the price will be 1080-216=$864
Now we have to find 8% of 864.
864(0.08)=$69.12
So the total price will be 864+69.12= $933.12
