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2 years ago

Dividing by 1/100

Mathematics

1 answer:

valkas [14]2 years ago

7 0

It will be 100 because if multiple 1 x 100 would get you the same answer

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Find the payment necessary to amortize a 6.3% loan of 7500 compounded semiannually, with 6 semiannual payments. Find the payment

Lorico [155]

Answer:

Semiannual payment = $ 1391.37

Total payment = $ 8348.22

Interest paid = $ 848.22

Step-by-step explanation:

Since, the semiannual payment formula of a loan,

$P=\frac{PV(\frac{r}{2})}{1-(1+\frac{r}{2})^{-n}}$

Where,

PV = present value of the loan,

n = number of semiannual payments,

r = annual rate,

Here, PV = 7500, r = 6.3% =0.063, n = 6,

By substituting the value,

The semiannual payment would be,

$P=\frac{7500(\frac{0.063}{2})}{1-(1+\frac{0.063}{2})^{-6}}$

$\approx \$ 1391.37$

Also, total payment = semiannual payment × total semiannual periods

= 1391.37 × 6

= $ 8348.22,

Also, the interest paid = total payment - present value

= 8348.22 - 7500

= $ 848.22

6 0

3 years ago

Which fraction is the smallest 1/2 1/3 5/8 6/14

jek_recluse [69]

The answer is 6/14 , this should be correct because it has 14 sections which makes it smaller than the rest!

6 0

3 years ago

!!please answer quickly and correctly!!

Valentin [98]

Large=40 pounds

small=30 pounds

and this is the solution

3 0

2 years ago

A tree is 4 meters tall. About how tall is the tree in feet (ft)? (1 meter is approximately 39 inches.) A) 156 ft B) 15.5 ft C)

tiny-mole [99]

12in=1ft
39/12=3.25ft

1m=3.25ft
times 4 both sides
4m=13ft

12ft

C

8 0

3 years ago

Read 2 more answers

Find two positive numbers so that twice their sum equals their product and one number is 10 times the other number. Enter the sm

Softa [21]

Answer:

Step-by-step explanation:

We'll call the 2 numbers x and y. Starting with the last part of that first sentence "one number is 10 times the other number" can be written, in algebraic form:

y = 10x

Now on to the first statement about the numbers: "twice their sum" is 2(x + y) and "equals their product" is = xy. Putting that all together:

2(x + y) = xy and we know that y = 10x so

2(x + 10x) = x(10x) and

$2(11x)=10x^2$ and

$10x^2-22x=0$ and

x(10x - 22) = 0 so

x = 0 or 10x - 22 = 0 which makes

x equal to $\frac{22}{10}=2.2$

So x = 2.2 and y = 22.

7 0

2 years ago