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2 years ago

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Mathematics

2 answers:

netineya [11]2 years ago

7 0

Answer:

1/3 + 1/4 = ?

(1/3 x 4/4) + (1/4 x 3/3)=?

I multiplied like so in order to get equal denominators

4/12+3/12=7/12

Step-by-step explanation:

Katarina [22]2 years ago

7 0

The answer is 7/12 sorry it’s hard to show work on typing

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The total amount paid on a 35 year loan was $98,000. If the interest rate was 4.1% and compounded monthly, what was the principa

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Answer:

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Step-by-step explanation:

The total amount paid on a 35 year loan was $98,000 at the rate of interest 4.1%

We will calculate Principal amount by this formula

$A=P(1+\frac{r}{n})^{nt}$

Where A = amount (98,000)

P = Principal amount (P)

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n = number of compounding interest monthly (12)

t = time (35 years)

$98,000=P(1+\frac{0.041}{12})^{(12)(35)}$

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