Answer:
Step-by-step explanation:
<u>Given</u>
- Monthly payment P = $300
- Time t = 3 years = 36 months
- Number of payments n = 36
- Interest rate r = 12% PA = 1% per month = 0.01 times
<u>Use loan payment formula:</u>
- P = r(PV) / (1 - (1 + r)⁻ⁿ),
- where P- monthly payment, PV - present value (amount of the loan), r -rate of interest, n- number of payments
<u>Substitute values and solve for PV:</u>
- 300 = (0.01*PV) / (1 - (1 + 0.01)⁻³⁶)
- PV = 300*(1 - 1.01⁻³⁶ )/ 0.01
- PV = 9032.25 ≈ $9000 (rounded to the nearest hundred dollars)
Rhombus or diamond, but not a square or rectangle
Answer:
10
Step-by-step explanation:
yellow
6+6+3=15
so
for green
4+4+2=10
Hey there :)
0.043
The first 0 before the decimal point is not significant since it is used for cosmetic purpose
The 0 after the decimal is not significant as the 0 is used to locate the decimal point
The 4 is the first nonzero integer and it counts as a significant figure
Therefore, 0.04 will be your answer rounded to 1 s.f
