3 years ago

Help me with these two problems? (attatched below)

1 answer:

4 0

You are given an annual interest rate of 4.2% compounded monthly for 20 years, mortgage amount of $235,000. You are asked to find the monthly payment. You need the compound interest formula to solve this problem. The answer is $1,449.

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USPshnik [31]

Answer:

6b+3m

Step-by-step explanation:

I hope this helped.

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3 years ago

HELPPPP PLEASE!!!! Don't understand

iragen [17]

Answer: 20% is your answer

Step-by-step explanation:

180-150=30

30 divided by 150 = .2 which is 20%

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3 years ago

Read 2 more answers

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viva [34]

Answer:

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3 years ago

Bradley bought 14 yellow highlighters. each highlighter cost $0.94.how much did Bradley spend?

Svetradugi [14.3K]

The answer would be 13.16$

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3 years ago

You pawn a guitar and receive $880. One month later, you get the guitar back by paying $1250. If this is simple interest, then w

Lemur [1.5K]

Interest=1250-880=370
I=PRT
P=principal
r=rate in deicmal
t=time in years

1 month so t=1/12
P=880
I=370

370=880*r*1/12
370=220/3r
times both sides by 3
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divdie both sides by 220
5.04545=r
505% interest

6 0

3 years ago