Answer:
168
Step-by-step explanation: You would do 140/100 = 1.4 then multiply 120 by 1.4 which is 168.
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:
11
Step-by-step explanation:
4+5+7+14+17+12+18=77
Divide your total by the amount of numbers you have (7); 77/7
Answer:
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Step-by-step explanation:
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