Answer:
For a duration of 5 years, Monthly Payment =$600.42
For a duration of 6 years, Monthly Payment =$508.83
Step-by-step explanation:
where a= Amount to Finance=$33,000
Annual interest rate = 3.5%=0.035
r=Monthly Interest Rate= 0.035 ÷ 12 =
n=number of months to pay
For a duration of 5 years
n=5X12=60 months
For a duration of 6 years
n=6X12=72 months
9514 1404 393
Answer:
$2400
Step-by-step explanation:
The question is asking the amount invested in fund B. We can let 'b' represent that amount. Then the amount invested in fund A is (6000-b). The total profit from the investments is ...
0.02(6000 -b) +0.07(b) = 0.04(6000)
120 +0.05b = 240 . . . . . simplify
0.05b = 120 . . . . . . . . . subtract 120
b = 2400 . . . . . . . . . . .divide by 0.05
Alonzo invested $2400 in fund B.
10×5 is the answer. not sure though
What he/she said is correct
Answer: C. 254
Step-by-step explanation: All engineers is the population so this is stats and the number that chose math no matter what kind of engineer is 254
