Answer:
Size of each monthly payment = $161.69 per month
Step-by-step explanation:
Given:
Value of property = $20,000
Downpayment = 20%
Number of payment = 12 x 10 = 120
Interest rate = 4% = 4% / 12 = 0.33 %
Computation:
Loan balance = 20,000 - 20%
Loan balance = $16,000
A] Size of each monthly payment [In Excel]
Size of each monthly payment = PMT(0.33%,120,16000,0)
Size of each monthly payment = $161.69 per month
The rate Ritz can eat apples is 8/15 apples per minute.
Set the rate (which is measured apples / minutes) equal to 16 apples / t minutes.
(8/15) = (16/t)
Cross multiply.
16*15 = 8t
t = 20
The answer is 30 minutes. You could solve the problem with basic reasoning as well. 16 is twice the number of apples as 8, so the time it takes to eat them will be double 15 minutes.
Just add that’s by 6 then times it by 5 the add 3 to it
Answer:
She is going at the rate of 4.5 feet per second.
Step-by-step explanation:
Given:
The rate of walking is 90 yards per minute.
Now, to find the rate in feet per second.
1 yard = 3 foot.
1 minute = 60 seconds.
So, first we find the rate of walking per second in yard = 
Therefore by dividing we get =
Now, we find the rate of walking per second in feet = 
So, by multiplying we get = 
Therefore, she is going at the rate of 4.5 feet per second.