What is the equivalent expression of 20x + 35?
1 answer:
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The present value (PV) of a loan for n years at r% compounded t times a year where there is equal P periodic payments is given by:
Given that <span>Beth is taking out a loan of PV = $50,000 to purchase a new home for n = 25 years at an interest rate of r = 14.25%. Since she is making the payment monthly, t = 12.
Her monthly payment is given by:
Therefore, her monthly payment is about $611.50
</span>
Given that <span>Beth is taking out a loan of PV = $50,000 to purchase a new home for n = 25 years at an interest rate of r = 14.25%. Since she is making the payment monthly, t = 12.
Her monthly payment is given by:
Therefore, her monthly payment is about $611.50
</span>
Answer:
Time required by Ben was 12 minutes.
Step-by-step explanation:
Given:
Time Required for Fred = 16 mins
Ben completed his run in 3/4 of the amount of time of Freds run.
We need to find the time required by Ben.
Now Given that;
Ben completed his run in 3/4 of the amount of time of Freds run.
It means that time required by Ben is equal to 3/4 times time required by Fred.
Time required by Ben =
Time required by Ben =
Hence Time required by Ben was 12 minutes.