Answer:
$2.77
Step-by-step explanation:
Here's one way to do it.
Data:
We must express the interest rate on a monthly basis.
i = 7.5 %/yr = 0.625 %/mo = 0.006 25
A = $1300
n = 6 mo
A. Monthly payments
The formula for the monthly payment (P) on a loan of A dollars that is paid back in equal monthly payments over n months, at an annual interest rate of i % is
Calculation:




P = $221.43
B. Total amount paid over six months
Paid = 6 × 221.43
Paid = $1328.58
C. Amount paid after four months
Paid = 4 × 221.43
Paid = $885.72
D. Balance owed after four months
Owed = 1328.58 - 885.72
Owed = 1341.14 – 1121.08
Owed = $442.86
E. Interest included in Payment 5
I = Pi
I = 442.86 × 0.006 25
<em>I = $2.77
</em>
The interest included in Payment 5 is $2.77.
Answer:
They have 48 cards.
Step-by-step explanation:
let s be the number of Shauntay's cards and j be the number of Jessica's cards.
The ratio of Shauntay's cards to Jessica's cards is 5 to 3, then
(1)
=
After Shauntay gives Jessica 12 of her cards, both girls have the same number of cards, then
(2) s-12 =j+12.
From (2), we get s= j+24. If we put j+24 instead of s in (1) we get:
=
3×j+24×3 = 5×j From this we get;
2×j=72 and j=36
After Shauntay gives Jessica 12 of her cards, Shauntay and Jessica would have 48 cards.
Answer:
C. 0.3682
Step-by-step explanation:
a repeating decimal goes on forever
Answer:
p=6
Was option B supposed to be 6 instead of -6?
Work:
2/3p-8=-2p+8
2p-24=-6p+24
8p=48
p=6