<span>B(n) = A(1 + i)^n - (P/i)[(1 + i)^n - 1]
where B is the balance after n payments are made, i is the monthly interest rate, P is the monthly payment and A is the initial amount of loan.
We require B(n) = 0...i.e. balance of 0 after n months.
so, 0 = A(1 + i)^n - (P/i)[(1 + i)^n - 1]
Then, with some algebraic juggling we get:
n = -[log(1 - (Ai/P)]/log(1 + i)
Now, payment is at the beginning of the month, so A = $754.43 - $150 => $604.43
Also, i = (13.6/100)/12 => 0.136/12 per month
i.e. n = -[log(1 - (604.43)(0.136/12)/150)]/log(1 + 0.136/12)
so, n = 4.15 months...i.e. 4 payments + remainder
b) Now we have A = $754.43 - $300 = $454.43 so,
n = -[log(1 - (454.43)(0.136/12)/300)]/log(1 + 0.136/12)
so, n = 1.54 months...i.e. 1 payment + remainder
</span>
42 because 56 mines 14 equals 42
Answer:
The greatest common factor is 21,
Step-by-step explanation:
Find the prime factors of each term in order to find the greatest common factor (GCF).
Answer:
120 distinct results are possible if no child is to receive more than one gifts.
Step-by-step explanation:
When the order is not important, we use the combination formula:
is the number of different combinatios of x objects from a set of n elements, given by the following formula.
The order is said to be not important if for example, John receiving the Buffalo Bills jersey and then Laura receiving the Cleveland Browns jersey is the same as Laura receiving the Cleveland Browns jersey before John receives the Buffalo Bills jersey.
In this problem, we have that:
Combinations of 7 from a set of 10 elements. So
120 distinct results are possible if no child is to receive more than one gifts.
The trip back the boat will travel only 30 miles because the trip doubled the hrs.
