Answer:
$25
Step-by-step explanation:
We know,
Monthly interest = (Principal × Interest rate) ÷ 12
Given,
Loan principal = $3,000
Interest rate = 10% = 0.10
Therefore, monthly interest = ($3,000 × 0.10) ÷ 12
Monthly interest = $300 ÷ 12
Monthly interest = $25
Therefore, the principal amount to be paid per month is = $(96.80 - 25) = $71.80.
So, Jamison will pay $25 as interest for the 36-month $3,000 loan.
Mixed fraction is what it is called
Mixed fraction factor: 1(1/2)
Normal fraction factor:4/2
U can use 4/2 or 2
The geometric series is convergent and the value is 16.
<h3>How to illustrate the information?</h3>
Recall that the sum of an infinite geometric series, S, given first term, t_1, and common ratio, r, is given by:
S = t_1/(1 - r)
Note that:
3 = (4)(3/4)
9/4 = (3)(3/4)
27/16 = (9/4)(3/4)
So this a geometric series with t_1 = 4 and r = 3/4. Therefore:
4 + 3 + 9/4 + 27/16 + ... = 4/(1 - 3/4) = 4/(1/4) = 16
The correct option is 16.
Learn more about geometric series on:
brainly.com/question/24643676
#SPJ4
Determine whether the geometric series is convergent or divergent. If it is convergent, find its sum
4+3+ 9/4 +27/16 +???
choices are
1. 3/4
2. 12
3. 4
4. divergent
5. 16
Answer:
B) 5.8
Step-by-step explanation:
Answer:
D. 0.65
Step-by-step explanation:
0.20 + 0.15 + 0.30
= 0.65.
