Answer:
C. 16 months faster
Step-by-step explanation:
You can solve this using a Financial calculator( TI BA II plus in this case)
First, find number of months if recurring monthly payment is $38.50;
Amount borrowed ; PV = -950
Monthly rate ; I/Y = 7.2%/12 = 0.6%
Monthly payment; PMT = 38.50
Future value ; FV = 0
Total duration; press CPT, N = 26.785 OR 27 months
Next, find number of months if recurring monthly payment is $93;
Amount borrowed ; PV = -950
Monthly rate ; I/Y = 7.2%/12 = 0.6%
Monthly payment; PMT = 93
Future value ; FV = 0
Total duration; press CPT, N = 10.573 OR 11 months
Difference = 27 -11 = 16
Therefore, she would be able to pay off the loan 16 months faster.
Answer:
B. An increase in the amount of tolerable misstatement.
Step-by-step explanation:
Answer: n-3, n-2, 180, and 180(n-2)
Step-by-step explanation:
Answer:
e=9
sorry thats all i know:(
Step-by-step explanation:
Answer:
^^1 week and 5 days
Explanation:
If she has $85 now, and gains $10 per week, by the next week and 5 days, she should have her goal of $205. Hope it helps!
