Answer: her monthly payments would be $267
Step-by-step explanation:
We would apply the periodic interest rate formula which is expressed as
P = a/[{(1+r)^n]-1}/{r(1+r)^n}]
Where
P represents the monthly payments.
a represents the amount of the loan
r represents the annual rate.
n represents number of monthly payments. Therefore
a = $12000
r = 0.12/12 = 0.01
n = 12 × 5 = 60
Therefore,
P = 12000/[{(1+0.01)^60]-1}/{0.01(1+0.01)^60}]
12000/[{(1.01)^60]-1}/{0.01(1.01)^60}]
P = 12000/{1.817 -1}/[0.01(1.817)]
P = 12000/(0.817/0.01817)
P = 12000/44.96
P = $267
Answer:
What eventually led to conflicts between settlers and American Indians in Virginia?
farmers destroying the soil with tobacco crops
farmers moving onto land close to the coast
indentured servants encroaching on settlers’ land
colonial traders charging too much for tobacco
Step-by-step explanation:
vWhat eventually led to conflicts between settlers and American Indians in Virginia?
farmers destroying the soil with tobacco crops
farmers moving onto land close to the coast
indentured servants encroaching on settlers’ land
colonial traders charging too much for tobacco
Answer:
x=48
Step-by-step explanation:
Oops I forgot some degree symbols and forgot to take off some but the calculations are correct.
