Answer:
$144.70
Step-by-step explanation:
Calculation to determine how much greater will the amount of interest capitalized be than the minimum amount that she could pay to prevent interest capitalization
First step is to determine the Interest only monthly repayments
Using this formula
I=Prt
where,
P=$6925
r=0.05/1
t=1
Let plug in the formula
I=6925*0.05/12
I= $28.854166666
Second step is to determine the amount she will owe after 4 years
Using this formula
S=P(1+r)n
Let plug in the formula
S=6925*(1+0.05/12)4*12
S=6925*(1+0.05/12)48
S=$8454.70
Third step is to determine the Interest part
Interest =8454.70 - 6925
Interest = $1529.70
Now let determine the how much greater will the amount of interest capitalized be
Interest capitalized=1529.70 - 1385.00
Interest capitalized =$144.70
Therefore how much greater will the amount of interest capitalized be than the minimum amount that she could pay to prevent interest capitalization is $144.70
Answer: In attached
Step-by-step explanation:
Use the given functions to set up and simplify
Attachment has your answer.
I’m not good at typing functions on this app so this image is all I could give.
Step-by-step explanation:
To find quadrilateral's you need to find shapes with edges.
<h2>Quadrilateral's:</h2>
Square
Rectangle
Isosceles Trapezoid
Answer:
Subtract 58 from both sides
Step-by-step explanation:
93 = x + 58
Subtract 58 from both sides
93- 58 = x+58-58
35 = x