Answer:
$415.18
Explanation:
The calculation of the present value of a cash flow or other income stream that produces $1 in income over so many periods of time.
DATA
Amount borrowed = $12,500
Annual interest rate = 12.00%
Monthly interest rate = 1.00%
Period = 36 months
Let monthly payment be x
12,500 = x/1.01 + x/1.01^2 + x/1.01^3 … + x/1.01^35 + x/1.01^36
12,500 = x * (1 - (1/1.01)^36) / 0.01
12,500 = x * 30.107505
x = 12,500/30.107505
x = 415.18
The monthly payment is $415.18
Answer:
$475
Step-by-step explanation:
There are 3 possible accident in this question
3% chance of losing $2000
0.1% chance of losing $150,000
96.9% chance of losing $0
Then the expected value that you will lose is:
3%* $2000 + (0.1% * $15000) + (96.9% * $0)= $75
Profit made by subtracting the price with the lose. If the company want average profit $400, the charge should be:
average profit = premium price - average lose
premium price= average profit + average lose
premium price= $400 + $75 = $475
Answer:
the speed will be 3 meters
Step-by-step explanation:
Answer:
see explanation
Step-by-step explanation:
Using the sum/ difference → product formula
cos x - cos y = - 2sin( 
)sin (
)
sin x - sin y = 2cos ( )sin ( )
Given
(cosA - cosB)² + (sinA - sinB )²
= [ - 2sin(
)sin(
) ]² + [ 2cos( )sin( ) ]²
= 4sin² ( )sin² ( ) + 4cos² ( )sin² ( )
= 4sin² ( )[ sin² ( ) + cos² ( ) ← sin²x + cos²x = 1
= 4sin² ( ) × 1
= 4sin² ( ) = right side ⇒ proven
Slope-intercept form: y=mx+b
m = slope
b = y-intercept
y = 1/5 x -3
