Answer:
The amount which she borrow as house loan is $ 48514.56
Step-by-step explanation:
Given as :
The house loan per month afford by Kylie = $1310
The period of loan = 25 Years
The annual rate compounded monthly = 8.4%
Principal = $ P
∵ The per month loan afford amount = $1310
So, The amount afford in 25 years = $1310 × 25 × 12
Or, The amount afford in 25 years = $393,000
<u>Now, from compounded method</u> :
Amount = Principal ×
Or, $393,000 = $ P ×
Or, $393,000 = $ P ×
Or, $393,000 = $ P ×
∴ P = $ 48514.56
Hence The amount which she borrow as house loan is $ 48514.56 Answer
Answer:
c correct
Step-by-step explanation:
<u>Answer:</u>
40%
<u>Step-by-step explanation:</u>
We are given that last month, Joe's puppy weight 5.4 pounds while this month, the puppy weighed 7.56 pounds.
We are to find the percentage increase of the weight of the puppy
We know that the formula of percentage increase if given by:
<em>Percentage increase = (new value - initial value)/initial value × 100</em>
So substituting the given values to get:
Percentage increase in puppy's weight = = 40%
Answer:
0.9
Step-by-step explanation:
Since A and B are independent hence;
P(A∩B) = P(A)P(B)
Given the following
P(A∩B) = 0.27
P(A) = 0.3
Required
P(B)
Substitute into the formula;
P(B) = P(A∩B)/P(A)
P(B) = 0.27/0.3
P(B) = 0.9
Hence the value of P(B) is 0.9