Answer:
c. $467.29
Step-by-step explanation:
The total of balances is $9360. The payment can be computed using the amortization formula:
A = P(r/12)/(1 -(1 +r/12)^-n)
where A is the monthly payment, P is the principal (total balance), r is the annual rate, and n is the number of months.
Filling in your numbers, we have ...
A = $9360(0.18/12)/(1 -(1 +0.18/12)^-24) ≈ $467.29
Frank's monthly credit card payment will be $467.29.
Answer:
d
Step-by-step explanation:
Answer:
Part A = 64 feet
Part B = 79 feet
Step-by-step explanation:
Part A
10 × 2 = 20 = Diameter
Formula is C = π × diameter
20 × π = 62.8318530718 feet = 64 feet
Part B
25 × 2 = 50
Same formula
50 × π = 157.079632679 feet
157.079632679 ÷ 2 = 78.5398163395 feet = 79 feet
divide by 2 because it is a semi circle
Hope his helped :)
Answer:
Step-by-step explanation:
<u><em>The triangles can not be proven congruent.</em></u>
We have AAA theorem ⇒ given triangles are similar for sure.
We solve the question as follows:
Simple interest=Principle×Rate×Time
Thus given:
p=$55000, R=2.5%, time= 1 year
thus
Interest=55000×0.025×1=$1375
To evaluate the amount required to keep up with the inflation, your interest rate should match the inflation rate otherwise prices are going up faster than the savings.
Required interest rate=55000×0.034×1=$1870
The buying power lost will be the difference between your required interest and actual interest.
Thus:
Buying power lost=1870-1375=$495
