Use the attached formula.
r = 6 / 1,200 = .005
Principal = 15,000
n = number of payments = 5 yrs * 12 months = 60
TOTAL Loan Cost = (.005 * 15,000 * 60) / 1 -(1.005^-60)
TOTAL Loan Cost = 4,500 / (1 -
<span>
<span>
<span>
0.7413721962</span></span></span>)
TOTAL Loan Cost = 4,500 /
<span>
<span>
<span>
0.2586278038
</span>
</span>
</span>
TOTAL Loan Cost =
<span>
<span>
<span>
17,399.52</span></span></span>
Although it is NOT one of the choices, I think my answer of 17,399.52 is correct. Using a monthly loan payment calculator, I get 289.99 for the monthly payment. 290*60 months = 17,400 so that seems correct.
I do not think that formula you posted is correct. (Compare it to the one I posted.)
Answer:
(4x+1)= 81
Step-by-step explanation:
4x+1= 81
4x= 81 - 1
4x= 80
x= 80/4
x= 20
Answer:
C
Step-by-step explanation:
Answer:
b
Step-by-step explanation:
i took the test
Answer:182 ways
Step-by-step explanation:
Given
there are total of 10 workers in office
No of ways to select 4 workers out of 10 workers 

(b)If hugo and Viviana refuse to work together then
then no of ways in which hugo anf Viviana work together

Therefore total no of ways in which Hugo and Viviana do not work together is