To find the monthly payment use the formula of the present value of an annuity ordinary which is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv student loan 17500
PMT monthly payment?
R interest rate 0.06
K compounded monthly 12 because the payments are monthly.
N time 3 years
Solve the formula for PMT to get
PMT=pv÷[(1-(1+r/k)^(-kn))÷(r/k)]
PMT=17,500÷((1−(1+0.06÷12)^(
−12×3))÷(0.06÷12))
=532.38
The total amount paid
532.38×12months×3 years
=19,165.68
The percentage is paid toward the principal is
(17,500÷19,165.68)×100
=91.31%
The percentage is paid for interest is
((19,165.68−17,500)÷19,165.68)×100
=8.69%
Hope it helps!
Answer:
15:11 ,where 15 = 435
So, 11 = 435×11//15 = 29×11 = 319
Hence, No. of girls = 319
Answer:
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Step-by-step explanation:
Answer:
To find the mean, multiply the values by frequencies, add the subtotals, and divide by the total number of the frequency. Median : To find the median, calculate a running total of the frequencies, which is half the total, it contains the median that corresponds to the value.
Step-by-step explanation: