The loan proceeds will be given as follows:
A=P(1+r/100)^n
Plugging the values we obtain
n=4 months=
A=1000(1+12/3*100)^1
A=$1040
hence the proceeds will be:
1040-1000=$40
Answer:
x =105002
Step-by-step explanation:
5x=525010
Divide each side by 5
5x/5=525010/5
x =105002
Answer:
the answer is B.
Step-by-step explanation:
30/5 is 6
Answer: C, 420
Step-by-step explanation:
The first positive even numbers are from 2 to 40, so the sum is equal to the number of terms, times the number of terms plus one (20*21 = 420)
the sum is 420
Answer:
1000-100(T)
Step-by-step explanation:
1000
-1000 for each millennia