Number of compounding periods is
n=12months×3years=36
I assume that
The total interest=
monthly payment×number of compounding periods - the amount of the present value of an annuity ordinary
I=x×n-pv
Let monthly payment be X
I =Total interest is 1505.82
The present value of an annuity ordinary is
Pv=X [(1-(1+0.09/12)^(-36))÷(0.09/12)]
now plug those in the formula of the total interest above
I=x×n-pv
1505.72=36X-X [(1-(1+0.09/12)^(-36))÷(0.09/12)]
Solve for X using Google calculator to get the monthly payment which is
X=330.72
Check your answer using the interest formula
36×330.72−330.72×((1−(1+0.09
÷12)^(−12×3))÷(0.09÷12))
=1,505.83
Answer:
False.
Step-by-step explanation:
For a residence whose primary usage is for rental purpose, its expenses must still be allocated between personal and rental days as agreed between the client and the owner
All terms of agreement remains valid and there's no other allocation of expenses that will be required. The taxpayer cannot claim any deduction for the full amount of the expenses.
Hello!
Here is how we solve this question.
We know that 2 shoes = 1 pair
So we subtract 2 from 16 until we reach 0, and count how many times we subtracted.
16-2=14
14-2=12
12-2=10
10-2=8
8-2=6
6-2=4
4-2=2
2-2=0
After we do repeated subtraction we find that Abigail has 8 pairs of shoes!
Hope this helps you with your question.
