The question is an annuity question with the present value of the annuity given.
The
present value of an annuity is given by PV = P(1 - (1 + r/t)^-nt) /
(r/t) where PV = $61,600; r = interest rate = 9.84% = 0.0984; t = number
of payments in a year = 6; n = number of years = 11 years and P is the
periodic payment.
61600 = P(1 - (1 + 0.0984/6)^-(11 x 6)) / (0.0984 / 6)
61600 = P(1 - (1 + 0.0164)^-66) / 0.0164
61600 x 0.0164 = P(1 - (1.0164)^-66)
1010.24 = P(1 - 0.341769) = 0.658231P
P = 1010.24 / 0.658231 = 1534.78
Thus, Niki pays $1,534.78 every two months for eleven years.
The total payment made by Niki = 11 x 6 x 1,534.78 = $101,295.48
Therefore, interest paid by Niki = $101,295.48 - $61,600 = $39,695.48
7.5 Devide 30 by 4 and it is 7.5 that is how much she saved
For (-7,3) and (5,3) the answer is 12. You add the different points, -7 and 5 because one is negative and one is positive. You do not add 3 and 3 because they are the same.
(3,-6) and (3,-10) = 4 because -6 and -10 are negatives. The answer is always positive.
(8,0) and (8,-8) = 8.
Answer:
Fraction Percentage Decimal
¹/₅ 20% 0.2
¹/₄ 25% 0.25
¹/₂ 50% 0.5
²/₃ 66.6% 0.6
Fraction;
25/100 = 1/4
66.6/100 = 2/3
Percentage
1/5 * 100 = 20%
1/2 * 100 = 50%
Decimal
1/5 = 0.2
25/100 = 0.25
1/2 = 0.5
Answer:
x<−3
Step-by-step explanation:
