Hey mate !!
Here's the answer !!
All the terms in the question are like terms. Hence we can add them as it is. Refer to the attachment for the answer !!
Hope it helps !!
Cheers !!
Answer: In my opinion B. 0.005 is the correct answer
Step-by-step explanation:
<h2>hope it help you</h2>
Answer:
Yes because she is asking students who love dance so much that they took an advanced dance class.
Step-by-step explanation:
1/3 will be your answer. You always put Y above and X below. it moves 1 on the y axis and 3 on the x axis.
The monthly payment is; $104.9; The total amount paid over the term of the loan is; $31470
<h3>How to calculate APR?</h3>
We are given;
Loan principal = $12,500
Interest rate = 12%
Number of payments per year = 12 payments per year.
Loan term = 25 years.
Formula for monthly payment is;
PMT = (p * APR/n)/[1 - (1 + APR/n)^(-nY)]
Where;
p is principal
APR is interest rate
n is number of payments per year
Y is loan term
Thus;
PMT = (12500 * 0.09/12)/[1 - (1 + 0.09/12)^(-12 * 25)]
PMT = 93.75/(1 - 0.106288)
PMT = $104.9
B) Total amount paid over the loan term is;
A = PMT * m * n
where;
m is number of months in a year,
n is number of years
A = 104.9 * 12 * 25
A = $31470
C) The principal as a percentage of the loan is;
P/A = 12500/31470
P/A = 39.72%
Percentage paid for interest is = 100% - 39.72% = 80.28%
Read more about APR at; brainly.com/question/24703884
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