Answer:
Monthly payment = $81.20
Step-by-step explanation:
The tires price including tax = $950
The down payment = $50
Remaining amount = $950 - $50 = $900
He has to take loan for $900
P = $900
Rate per monthly =18%/12 = 18/100 ÷12 = 0.18÷12 =0.015
n =12 months
Here we have to use the formula
Monthly payment = [p*r*(1+r)^n ÷ (1 + r)^n - 1]
= (900*0.015*(1+0.015)^12 / (1+0.015)^12 - 1)
= (13.50*1.015^12) ÷ [(1.015)^12 -1]
= 16.14 ÷ [ 1.20 -1]
=16.24 ÷0.20
= $81.20
Monthly payment = $81.20
Thank you.
The fraction that represents the position of each light in the string is ...
(the number of THAT light from the beginning of the string)
divided by
(the total number of lights in the string) .
can you please be more specific.
Negative × positive = negative
20×3=60
since its a negative, just add the sign
-60
