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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Step-by-step explanation:

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On a trip, a family drove an average of 250 mi each day. If the family drove a total of 3,000 mi on their trip, how many days we

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To find the sales tax multiply the purchase price by the sales tax rate. Remember to convert the sales tax rate from a percent to a decimal number. Once the sales tax is calculated, it is added to the purchase price. The result is the total cost—this is what the customer pays.

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