Present value of annuity PV = P(1 - (1 + r/t)^-nt) / (r/t)
where: p is the monthly payment, r is the APR = 14.12% = 0.1412, t is the number of payments in one year = 12, n is the number of years = 2.
1,120.87 = P(1 - (1 + 0.1412/12)^(-2 x 12)) / (0.1412 / 12)
0.1412(1120.87) = 12P(1 - (1 + 0.1412/12)^-24)
P = 0.1412(1120.87) / 12(1 - (1 + 0.1412/12)^-24) = $53.88
Minimum monthly payment = 3.15% of 1120.87(1 + 0.1412/12) = 0.0315 x 1120.87(1 + 0.1412/12) = $35.72
Therefore, his first payment will be greater than the minimum payment by 53.88 - 35.72 = $18.16
9u-9t=18
original no. is 10t+u
reversed no. is 10u+t
so its (10u+t)-(10t+u)=18
which gives 9u-9t=18
They jumped 2 feet more as Jake + Peter = 7 so 7-5=2
Answer:
For main effects
Factor (Language translator) confirms that there is no significance difference between two levels of language translator of main effect at 5% level of significance.
Factor (Types of language) confirms that there is no significance difference between three levels of types of language at 5% level of significance.
also,
For interaction effect between language translator and types of language, there is no significant difference that the interaction between language translator and types of language at 5% level of significance.
Step-by-step explanation:
see attached.