Given Information:
Monthly payment = MP = $1500/4 = $375
Monthly interest rate = r = 25/12 = 2.083%
Required Information:
Present Value = ?
Answer:
Explanation:
n = 10*4
n = 40 monthly payments
The present value is found by
Where r is monthly interest rate.
MP is the monthly payment.
Therefore, $10,110 is the present value of 10 quarterly payments of $1500 each at 25% interest rate compounded each month.
Answer:
It comes down to what the equals sign means. It means, that the two things mentioned on either side of the equation are the same thing. If you do something to the left side, you have presumably changed it.
Step-by-step explanation:
Hope this helps, If it did, then I would really appreciate it if you gave me Brainliest, I only need one more to rank up and it has taken forever to get to where I am currently. Thanks.
Answer:
<em>is the increased number.</em>
Step-by-step explanation:
<em>The first step would be to turn the percentage into a decimal. To do that, divide it by 100.</em>
Then, multiply that by 90.
Add both together to get the increased price.
<em>:)</em>
The answer to this is:
4mpr^2√22mr
Hope this helps you!
The 1 goes in the hundreds, the 2 goes in the tens, the 7 goes in the ones, the 6 goes in the tenths, the 8 goes in the hundredths, the 9 goes in the thousandths
