joyce only gets 5.5%commission on sales greater than $2000 per month. If she sold $2300, what commission did she earn? A. 82.21
1 answer:
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Simplify:
-15.6/-4
(
)
Divide to solve:
You get 3.9
-15.6/-4
(
Divide to solve:
You get 3.9
Answer:
future payment is $77056.92
total interest is paid after 45 year is $23056.42
Step-by-step explanation:
Given data
payment (P) = $100
No of installment (n) = 12
rate of interest ( r ) = 1.5 % i.e. = 0.015
time period (t) = 45 years
to find out
future payment and interest after 45 year
solution
we know future payment formula i.e. given below
future payment = payment ×
now put all these value in equation
future payment = $ 100 ×
future payment = $ 77056.92
payment paid in 45 year @ $100 total money is paid is 45 × 12 × $100 i.e. = $54000
total interest = future payment - money paid
total interest = $77056.42 - $54000
total interest = $23056.42