Answer:
$478.06
Step-by-step explanation:
let's first start out by figuring out the present value of the loan
((20540*1.0825)+955+57)-3900
Which gives me a value of 23246.55
I'm then going to assume that the 8.6% is a nominal interest rate meaning that the effectively monthly rate is equal to .086/12=.0072
Which means we have
23246.55=X(a angle 60 at .0072) (i'm using annuities to solve this if you don't know what this is just ask)
Solve this and get $478.06
From log BNE to BEN
X=2
if you want explaination then ask me
11 = w - 12
11 + 12 = w -12 + 12
w = 11 + 12
w = 23
Answer:
-288
Step-by-step explanation:
n=1/2 divided by -144. You then just plug that number which is .00347 into n in the equation and use a scientific calculator to find the answer.
Answer is letter C. See photo for solution