Answer:
Outstanding balance after two months payments = 7893.33
Step-by-step explanation:
Interest accrued every month = I = PRT/100
P = 8000
R = 8%
T = 6
I = (8000 x 8 x 6) ÷ 100 = 3840
Amount paid every month = (8000 + 3840) ÷ 6 = 1973.33
Hence amount paid after two months = 2 x 1973.33 = 3946.67
Outstanding balance after two months payments = 8000 +3840 - 3946.67 = 7893.33
The given formula is
Therefore
Given:
C = $25,000
V = $12,000
t = 4.5 years
C/V = 0.48
1/t = 0.2222
Therefore
Answer: 15% (nearest integer)
Answer:
its leaner at -4
Step-by-step explanation:
Answer: Choice C)
(1/30)*(1/29)
Explanation:
Jack has a 1/30 chance of being picked since he is 1 person out of 30 total. After his name is picked, and not put back, there are 30-1 = 29 names left. The chances Jill is picked is 1/29. The two fractions are multiplied to get the overall probability both are picked.
I would say ten or five but it is not specific enough to have a correct answer.
