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2 years ago

7/8 - 1/12 its a math question

Mathematics

1 answer:

kati45 [8]2 years ago

4 0

Answer:

19/24 = 0.791666667

Step-by-step explanation:

7/8 - 1/12

Least common multiple of 8 and 12 is 24. Convert 7/8 and 1/12 to fractions with denominator 24.

21/24 - 2/24

Since 21/24 and 2/24 have the same denominator, subtract them by subtracting their numerators.

21 - 2 / 24

Subtract 2 from 21 to get 19.

19/24

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John takes out a loan for $ 10 , 000 at a simple interest rate of 5 % to be paid back in 36 monthly installments.

andrew-mc [135]

The monthly principal and interest payment John will pay monthly is $3,750.04

<h3>What is the amount of principal and interest repayment?</h3><h3 />

Given:

P = 10,000
i = 5% / (12 months) = 0.375
L = 36 months

$M = 10000 \times \frac{0.375}{ {1 - (1 + 0.375)}^{ - 36} }$

$M = 10000 \times \frac{0.375}{ {1 - (1.375)}^{ - 36} }$

$M = 10000 \times \frac{0.375}{ {1 - (0.00001049791)} }$

$M = 10000 \times \frac{0.375}{ 0.99998950208 }$

$M = 10000 \times 0.37500393675$

$M = 3750.03936758$

Approximately,

M = $3,750.04

Therefore, John will be be repaying $3,750.04 monthly including principal and interest

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3 years ago

Heather works at the library. Her weekly income is directly proportional

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Answer:

$145

Step-by-step explanation:

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