9514 1404 393
Answer:
$7641.24
Step-by-step explanation:
The amortization formula tells the payment amount.
A = P(r/n)/(1 -(1 +r/n)^(-nt))
where principal P is paid off in t years with n payments per year at interest rat r.
Using the given values, we find ...
A = $7000(0.165/12)/(1 -(1 +0.165/12)^-12) = $7000×0.01375/(1 -1.01375^-12)
A = $636.77
The total of 12 such payments is ...
$636.77 × 12 = $7641.24
You will pay a total of about $7641.24.
_____
<em>Additional comment</em>
Since the payment amount is rounded down, the actual payoff will be slightly more. Usually, the lender will round interest and principal to the nearest cent on each monthly statement. The final payment will likely be a few cents more than the monthly payment shown here.
Answer:
x = -25.375
Step-by-step explanation:
4(-8x+5) = -32 x 26
-32x + 20 = 832
-32 = 812
x = -25.375
The inequality is 8-1/4x>27. The solution of the inequality is b<-76.
Given that,
The inequality is 8-1/4x>27
We must determine how to address the inequity.
Take,
8-1/4x>27
Multiply the inequality's two sides by its lowest common denominator,
4×8-4×1/4b>27×4
Reduce the expression to the lowers term,
4×8-b>4×27
Calculate the product or quotient,
32-b>4×27
Calculate the product or quotient,
32-b>108
Rearrange unknown terms to the left side of the equation,
-b>108-32
Calculate the sum or difference,
-b>76
Divide the inequality's two sides by the variable's coefficient,
b<-76
Therefore, the solution of the inequality is b<-76.
To learn more about inequality visit: brainly.com/question/28823603
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Answer:
1/2 will be odd theoretically.
Step-by-step explanation:
It is 1/2 because of the 8 numbers 4 are odd so 4/8 is 1/2.
Answer: 3
Step-by-step explanation:
Set them equal because they are the same so 15x+5=16x+2 so x+2=5 so x=3
