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3 years ago

One-third of a number, n, minus 7 ALGEBRAIC EXPRESSION ASAP ASAP ASAP

Mathematics

1 answer:

Darya [45]3 years ago

4 0

Answer:

$\frac{n}{3} - 7$

Step-by-step explanation:

The comma is important here, otherwise "one third of a number n minus 7" is

$\frac{n - 7}{3}$

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Jeanne has $14800, 3 and half loan with a high APR of 8.57 due to her less-than-average credit rating. What is the monthly payme

snow_lady [41]

Jeanne has $14800, 3 and half year loan with a high APR of 8.57 due to her less-than-average credit rating. What is the monthly payment for this loan?

Answer:

$409.57

Step-by-step explanation:

The formula for loan payment is given by:

$p= \frac{r(pv)}{1-(1+r)^{-n} }$

pv = present value

r = rate per period

n = number of periods

Loan period is 3 and half years

for monthly payments, number of periods is (3 and half years) x 12 months

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Rate per month = Annual Payment Rate /12 months

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