9514 1404 393
Answer:
A) $1350
B) $5850
C) $162.50
Step-by-step explanation:
A) The interest is given by the formula ...
I = Prt
where P is the principal amount, r is the interest rate, and t is the number of years.
I = $4500×0.10×3 = $1350
The interest owed is $1350.
__
B) At maturity, the principal and interest are due. That amount is ...
$4500 +1350 = $5850
The maturity value is $5850.
__
C) If the maturity value is paid in 36 equal monthly installments, each is ...
$5850/36 = $162.50
The monthly payment is $162.50.
Question 1:
4x+28
question 2:
18x-27
where are the answer choices?
15% x
100 1.15 X is your variable, your unknown number and 15% has to always be over 100 , Then you have to cross multiply and divide 100 because that is the only number basically you have to just multiply across and divide 100 to make it to the nearest cent you have to round the last two numbers after the decimal Representing money.. Hope this helps!!
