Answer:
<u>The correct answer is C. It is the original amount of money the bank loans the borrower.</u>
Step-by-step explanation:
Let's recall that are five basic elements for calculating the payment of a loan:
1. The principal. How much money you borrow.
2. The interest rate. How much money you will pay in addition to the principal.
3. The period of time. How long will it takes you to pay the loan.
4. The frequency of payment. Will you pay every month?, every quarter?, every year or maybe every two weeks?
5. Additional payments. When you have additional income seasonally and you want to lower either the period of time or the interests to pay.
The answer is D. when an exponent on the outside you multiply the exponents
Answer:
75
Step-by-step explanation:
Jim will finish in 6 days because 300/50=6
So you know that Sam needs to finish the book in at exactly 4 days
300/4= 75 pages per day
Answer:
It annually drops by 20%
Step-by-step explanation:
30,000 multiplied by 20% is 6000. Subtract 6000 from 30,000 and you get 24,000. 24,000 multiplied by 20% is 4,800. Subtract 4,800 from 24,000 and you get 19,200. Etc.