What is the rate unit of running 4 miles in one hour?
2 answers:
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Susan's monthly payment will be $117.93.
We have Susan take out a personal loan for $3,500 at an interest rate of 13% compounded monthly.
P=3500
r=30%
t=3
<h3>What is the amortization formula?</h3>
Where A is the payment,
P= principal,
r =the annual interest rate
t is the number of years.
use the given value in the formula we get
A=117.9288
A= 117.93
Susan's monthly payment will be $117.93.
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Answer:
Step-by-step explanation:
To find the inverse, we want to switch the y with x and x with y. Once we do that, we solve for y.
[switch x and y]
[subtract both sides by 3]
[multiply both sides by 2]
Now, we know that .