200 x 4 =. 800 + remainder 3 = to 803 803 divided by 4 = 200.75
Answer:
1114.027
Step-by-step explanation:
Answer:
$415.18
Explanation:
The calculation of the present value of a cash flow or other income stream that produces $1 in income over so many periods of time.
DATA
Amount borrowed = $12,500
Annual interest rate = 12.00%
Monthly interest rate = 1.00%
Period = 36 months
Let monthly payment be x
12,500 = x/1.01 + x/1.01^2 + x/1.01^3 … + x/1.01^35 + x/1.01^36
12,500 = x * (1 - (1/1.01)^36) / 0.01
12,500 = x * 30.107505
x = 12,500/30.107505
x = 415.18
The monthly payment is $415.18
you can use 363 divide by 3 which is 121
Answer:
Step-by-step explanation:
<u>Solution 3:</u>
Equivalent fractions to are to 
be found out.
<u>Method: </u> By Multiplying both the denominator and numerator with the same number, we can easily find equivalent fractions.
1. Multiply with 2:
2. Multiply with 3:
3. Multiply with 4:
If we try to write in variable form, it can be written as:
where x is any number.
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<u>Solution 4:</u>
when 
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<u>Solution 5:</u>
