Answer: her monthly payments would be $267
Step-by-step explanation:
We would apply the periodic interest rate formula which is expressed as
P = a/[{(1+r)^n]-1}/{r(1+r)^n}]
Where
P represents the monthly payments.
a represents the amount of the loan
r represents the annual rate.
n represents number of monthly payments. Therefore
a = $12000
r = 0.12/12 = 0.01
n = 12 × 5 = 60
Therefore,
P = 12000/[{(1+0.01)^60]-1}/{0.01(1+0.01)^60}]
12000/[{(1.01)^60]-1}/{0.01(1.01)^60}]
P = 12000/{1.817 -1}/[0.01(1.817)]
P = 12000/(0.817/0.01817)
P = 12000/44.96
P = $267
I would go with B i had this question on my test and i got it correct
Answer:
a=39
Step-by-step explanation:
Common difference r will be the difference between next two values of number row, so we take e.g. second minus first: r=9.4-6=3.4. You can see, that this value is constant as we go through next pairs of values.
Let Lynette has originally candies in hand = x
She gave half to her son means x/2 given to son.
2 candies gave to daughter and left with 4.
x - x/2 - 2 = 4
adding 2 both sides
x - x/2 - 2 + 2 = 4 + 2
x - x/2 = 6
x /2 = 6
x = 12
Means she have 12 candies originally : Answer
Hope it will help :)
