Present value of annuity PV = P(1 - (1 + r/t)^-nt) / (r/t)
where: p is the monthly payment, r is the APR = 14.12% = 0.1412, t is the number of payments in one year = 12, n is the number of years = 2.
1,120.87 = P(1 - (1 + 0.1412/12)^(-2 x 12)) / (0.1412 / 12)
0.1412(1120.87) = 12P(1 - (1 + 0.1412/12)^-24)
P = 0.1412(1120.87) / 12(1 - (1 + 0.1412/12)^-24) = $53.88
Minimum monthly payment = 3.15% of 1120.87(1 + 0.1412/12) = 0.0315 x 1120.87(1 + 0.1412/12) = $35.72
Therefore, his first payment will be greater than the minimum payment by 53.88 - 35.72 = $18.16
Answer:
19 students per teacher and 10 students per tutor
Step-by-step explanation:
To find the amount of students per teacher and per tutor you have to divide
95 students /5 teachers
19 students per teacher
40 students /4 tutors
10 studetns pet tutor
I think the answer is (9,8)
The answer is A because it is quartile 1 of 4. There are 4 quartiles so logially 1 out of 4 is 25%. Hope this helps!
The given answer should be "3/2", its because "32" is not possible in anyway..
tan C = sin C / cos C
Where sin C = 3 / 3.61
And
cos C = 2 / 3.61
Now
tan C = (3 / 3.61) / (2 / 3.61) = (3 / 3.61) x (3.61 /
2) = 3 / 2
<span>Thus tan C is the correct choice. </span>
