1.0649 to the nearest thousandths is 1.065
You could get this by finding where the thousandths place is, which is the third number.
Now, look at the number to the right.
If it's 5 or higher, round up.
If it's 4 or lower, round down.
Since it is 9, we round up.
The 4 turns into a 5.
So, 1.065
Hope I helped!
Answer:
25 cups and 3/5 of a cup
Step-by-step explanation:
Bro trust me
A translation
(I'm assuming that this isn't multiple choice since you didn't include the answer choices.)
Part 1:
After payment of $300, remaining balance = $2,348.62 - $300 = $2,048.62.
Interest accrued is given by:

Had it been $600 was paid, remaining balance = $2,348.62 - $600 = $1748.62. Interest accrued is given by:

Difference in interest accrued = $14.94 - $12.75 = $2.19
Part 2:
The present value of an annuity is given by:
![PV= \frac{P\left[1-\left(1+ \frac{r}{12} \right)^{-12n}\right]}{ \frac{r}{12} }](https://tex.z-dn.net/?f=PV%3D%20%5Cfrac%7BP%5Cleft%5B1-%5Cleft%281%2B%20%5Cfrac%7Br%7D%7B12%7D%20%5Cright%29%5E%7B-12n%7D%5Cright%5D%7D%7B%20%5Cfrac%7Br%7D%7B12%7D%20%7D)
Where PV is the amount to be repaid, P is the equal monthly payment, r is the annual interest rate and n is the number of years.
Thus,
![2348.62= \frac{600\left[1-\left(1+ \frac{0.0875}{12}\right)^{-12n}\right]}{\frac{0.0875}{12}} \\ \\ \Rightarrow 1-(1+0.007292)^{-12n}= \frac{2348.62\times0.0875}{12\times600} =0.028542 \\ \\ \Rightarrow(1.007292)^{-12n}=1-0.028542=0.971458 \\ \\ \Rightarrow \log(1.007292)^{-12n}=\log0.971458 \\ \\ \Rightarrow-12n\log1.007292=\log0.971458 \\ \\ \Rightarrow-12n= \frac{\log0.971458}{\log1.007292} =-3.985559 \\ \\ \Rightarrow n= \frac{-3.985559}{-12} =0.332130](https://tex.z-dn.net/?f=2348.62%3D%20%5Cfrac%7B600%5Cleft%5B1-%5Cleft%281%2B%20%5Cfrac%7B0.0875%7D%7B12%7D%5Cright%29%5E%7B-12n%7D%5Cright%5D%7D%7B%5Cfrac%7B0.0875%7D%7B12%7D%7D%20%20%5C%5C%20%20%5C%5C%20%5CRightarrow%201-%281%2B0.007292%29%5E%7B-12n%7D%3D%20%5Cfrac%7B2348.62%5Ctimes0.0875%7D%7B12%5Ctimes600%7D%20%3D0.028542%20%5C%5C%20%20%5C%5C%20%5CRightarrow%281.007292%29%5E%7B-12n%7D%3D1-0.028542%3D0.971458%20%5C%5C%20%20%5C%5C%20%5CRightarrow%20%5Clog%281.007292%29%5E%7B-12n%7D%3D%5Clog0.971458%20%5C%5C%20%20%5C%5C%20%5CRightarrow-12n%5Clog1.007292%3D%5Clog0.971458%20%5C%5C%20%20%5C%5C%20%5CRightarrow-12n%3D%20%5Cfrac%7B%5Clog0.971458%7D%7B%5Clog1.007292%7D%20%3D-3.985559%20%5C%5C%20%20%5C%5C%20%5CRightarrow%20n%3D%20%5Cfrac%7B-3.985559%7D%7B-12%7D%20%3D0.332130)
Therefore, the number of months it will take to pay of the debt is 3.99 months which is approximately 4 months.
This is even because they all can be divided if it was odd you would not be able to decide them