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Snowcat [4.5K]
3 years ago
12

20 pts, unhelpful/blank answers get reported~

Mathematics
1 answer:
stellarik [79]3 years ago
7 0

Answer:

b

Step-by-step explanation:

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student borrows $65,000 for business school at 8.5% stated annual interest with monthly repayment over 8 years. Consider this as
lawyer [7]

Answer:

First\ monthly\ payment= $858.69

Step-by-step explanation:

From the Question we are told that

Borrows $65,000

Annual interest  8.5%

Monthly repayment over 8 years

Generally PV of annuity with growth is mathematically represented as

where PV is present value

PV of annuity with growth X= (P/ (r-g)) * (1- ((1+g)/(1+r))^n)

     \frac{P}{\frac{8\%}{y12-0.2\%} } *(1-((1+0.2\%)/(1+8.5\%/12))^(^8^*^1^2^)^)=65000

    196.7213115P* 0.384791918=65000

     196.7213115P=65000/0.384791918

    196.7213115P=168922.4668

     P= 168922.4668/196.7213115

    P= 858.6892063

First\ monthly\ payment= $858.69

5 0
3 years ago
How do I work out this
Ivenika [448]

Answer & Step-by-step explanation:

1.5 litres = 1500ml

<u>Small Milk Carton</u>

300ml x 5 = 1500ml

£1.20 x 5 = £6

<u>Large Milk Carton</u>

500ml x 3 = 1500ml

£1.40 x 3 = £4.20

The best value for 1.5l (1500ml) is to purchase 3 large milk cartons, as it's cheaper (by £1.80) than buying a small milk cartons.

7 0
2 years ago
What is the factored form of 3x^2-5x-2
Klio2033 [76]
3x^2 - 5x - 2
3x^2 - 6x + x - 2
3x (x - 2) + 1 (x - 2)
(3x + 1) (x - 2)
3 0
3 years ago
How might you solve a problem that has both a fraction and a decimal in it
Anni [7]
Well, one way is to convert one of the numbers to the other. For example, if I have 3/5 and 0.5, I could convert 3/5 to a decimal. So, I would have 0.6 (3/5 converted to a decimal), and 0.5. Next, I would just add the two together to get my answer of 1.1
5 0
4 years ago
A survey of households in a small town showed that in 500 of 1,200 sampled households, at least one member attended a town meeti
andre [41]

Answer:

idk

Step-by-step explanation:

4 0
3 years ago
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