If you talking about reducing the fraction it is 1/3.
The amortization formula can be used to figure this.
... A = P(r/n)/(1 -(1 +r/n)^(-nt))
where A is the monthly payment, P is the amount borrowed, r is the annual interest rate, n is the number of times per year interest is compounded, and t is the number of years.
Fill in the given information, and solve for P (in either order).
... 821.69 = P(.065/12)/(1 - (1 +.065/12)^(-12*30)) ≈ 0.00632068023P
... P ≈ 130,000.25 . . . . . divide by the coefficient of P
Rounded to the nearest dollar, you borrowed $130,000.
Answer:
0.5, 0.9, 1.3, 1.7, 2.1, 2.5, 2.9, 3.3, 3.7, 4.1
Now you can add them all
which is equal to 23
Step-by-step explanation:
Answer:
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Answer:
Step-by-step explanation:
Shobo's age = x years
His mother's age = 6 times of
Shobo's age
= 6x years
Five years from now
________________
Shobo's age = ( x + 5 ) years
According to the problem given,
x + 5 = one by third of his mother's
present age
x + 5 = 6x / 3
x + 5 = 2x
5 = 2x - x
5 = x
Therefore ,
Shobo's present age = x = 5 years
His mother's age = 6x
= 6 × 5
= 30 years
