Describe a model that represents 3/3 * 4/4
2 answers:
You might be interested in
Answer:
To find out the number coming from each school, you need to use the proportion of the school's population out of the population of all three.
Total population = 618 + 378 + 204
= 1,200 students
North Middle school:
= 618/1,200 * 20
= 10 students
Central Middle School:
= 378 / 1,200 * 20
= 6 students
South Middle School:
= 204/1,200 * 20
= 4 students
1. Using "exact" interest, your charge will be
.. I = Prt
.. I = $855.28*0.154*(31/365)
.. I = $11.19
2. It will take 52.01 months to pay off the loan.
3. Your payment on 15,250 for 4 years will be $363.41. The effective interest rate that payment represents on a loan of $15,000 is 7.604%
4. Todd's monthly payments will be $409.06, so his total outlay will be
.. tax+license + down payment + loan repayment
.. = 1200 +1000 +48*409.06
.. ≈ $21,835
.. I = Prt
.. I = $855.28*0.154*(31/365)
.. I = $11.19
2. It will take 52.01 months to pay off the loan.
3. Your payment on 15,250 for 4 years will be $363.41. The effective interest rate that payment represents on a loan of $15,000 is 7.604%
4. Todd's monthly payments will be $409.06, so his total outlay will be
.. tax+license + down payment + loan repayment
.. = 1200 +1000 +48*409.06
.. ≈ $21,835