Present value of annuity PV = P(1 - (1 + r/t)^-nt) / (r/t)
where: p is the monthly payment, r is the APR = 14.12% = 0.1412, t is the number of payments in one year = 12, n is the number of years = 2.
1,120.87 = P(1 - (1 + 0.1412/12)^(-2 x 12)) / (0.1412 / 12)
0.1412(1120.87) = 12P(1 - (1 + 0.1412/12)^-24)
P = 0.1412(1120.87) / 12(1 - (1 + 0.1412/12)^-24) = $53.88
Minimum monthly payment = 3.15% of 1120.87(1 + 0.1412/12) = 0.0315 x 1120.87(1 + 0.1412/12) = $35.72
Therefore, his first payment will be greater than the minimum payment by 53.88 - 35.72 = $18.16
Answer:
C
Step-by-step explanation:
Students loan as it's money owed to a supplier.
Answer:
See explanation below.
Step-by-step explanation:
Having students in the classroom who are at different levels of knowledge, interest, and ability can be managed by differentiated instruction. This method is a way of thinking that provides a framework where the instructor can set students with learning tasks that are at levels appropriate with the abilities and interests of each student. Each student can have a different type of class and different type of instruction with the differentiated instruction way of thinking.
A gifted and talented student might be assigned a higher math course, perhaps based on a math assessment for advanced placement. Then students that need to stay on the typical high school path of Algebra I, Geometry, Algebra II, and Trigonometry can do that.
Gifted students might take an alternate path with honors classes or trajectories involving Pre-Calculus or advanced placement Calculus, for example. In some instances, universities have allowed High School students to obtain college credit for some courses taken during High School.
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Step-by-step explanation:
9(x+1) = 25+x
open the bracket
9x + 9 = 25+x
collect like terms
9x-x = 25-9
8x = 16
x = 2
X=3
x is the width of the sidewalk
The outside dimensions of the walkway are 12 + 2x by 8 + 2x
The total area is (12 + 2x)(8 + 2x)
The total area minus the area of the pool should be equal to the area of the pool
Hoped this helped!