Given:
loan: 650,000
prime rate: 8.75%
interest rate of 0.75% ordinary interest over the prime rate
Interest rate: 8.75% + 0.75% = 9.5%
650,000 x 9.5% x 1 = 61,750 interest
maturity value: 650,000 + 61,750 = 711,750
Answer:
it's A
Step-by-step explanation:
you start at 2, then subtract 4, and get -2, which is what you end with.
Answer:
43740
Step-by-step explanation:
its an exponential factor of 3 just multiply each answer by 3 to get the next one up
Step-by-step explanation:
A bill and account collector, sometimes called a collection agent, is a broker between the creditor and the debtor. Their job is to negotiate repayment plans with debtors, and to help them find solutions to make paying their overdue bills easier.
Most bill and account collectors are required to have a high school diploma, although some employers prefer applicants who have taken some college courses. Communications, accounting, and basic computer courses are examples of classes that are helpful for entering this occupation.
Answer:
Step-by-step explanation:
Let's start with distributing:
Simplify i with i in the second term, and rearrange.
. Since i in the denominator looks ugly, let's multiply top and bottom by i.
. The middle passage is based on the fact that, by definition, 