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MA_775_DIABLO [31]
3 years ago
13

Assume a bank loan requires an interest payment of $85 per year and a principal payment of $1,000 at the end of the loan's eight

-year life. What would be the present value of this loan if it carried an 8.5 percent interest rate?
Mathematics
1 answer:
zalisa [80]3 years ago
8 0

Answer:

the answer 57.8

85 x 8 x 8.5% = 57.8

Step-by-step explanation:

brainliest pls

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I need help with this problem
castortr0y [4]

Answer:

c. 106 million

Step-by-step explanation:

A = number of people in the sample that use public transportation 5 or more days per week

A = 2,067,153

B = number of people total in the sample

B = 4,295,280

C = proportion of those in the sample that use public transportation 5 or more days per week

C = A/B

C = (2,067,153)/(4,295,280)

C = 0.48126 approximately

Multiply this value by the figure 220 million to compute the estimated number of people who use public transportation 5 or more days per week

C*(220 million) = 0.48126*(220 million) = (0.48126*220) million = 105.8772 million = 106 million

6 0
3 years ago
7. The Quotient
nasty-shy [4]

Answer:

<h3>The number is 500</h3>

Step-by-step explanation:

Let the number be x

The quotient of a number divided by five is written as

\frac{x}{5}

the number decreased by 400 is written as

x - 400

Equate the two expressions

We have

\frac{x}{5}  = x - 400

Multiply through by 5

That's

x = 5x - 2000

x - 5x = - 2000

- 4x = - 2000

Divide both sides by - 4

x = 500

Hope this helps you

3 0
3 years ago
9. The table below shows the change in a stock price over a period of a week. If 12 shares of
ankoles [38]

Answer:

$ 6.24

Step-by-step explanation:

(16.87 - 16.35) x 12 = 6.24

4 0
3 years ago
What's the sum of two integers with different signs is 8
dem82 [27]
16 + (-8) = 8 <== here is one
16 - 8 = 8
8 = 8 (correct)

-12 + 20 = 8 <== and another
11 + (- 3) = 8 <== and another

7 0
3 years ago
If a measured distance of 5 inches on a map respresents an actual distance of 3 miles, what is the fractional scale of the map?
OverLord2011 [107]
5 inches: 3 miles
1 inch: 0.6 miles
8 0
4 years ago
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