We are given
P = <span>$1,945.61
r = 11.2%
Amin = $156
A = $300
First, we convert the interest to effective monthly terms
i = 11.2%/12 = 0.933%
After one month, the interest saved by paying more than the minimum is
</span>(0.00933) (300 - 156) = $1.35
Sum of a finite geometric series=a(r^(n) -1)/(r -1)
or
sum of a finite geometric series=a(1 - r^(n))/(1 - r)
the Smiths would spend a total of $2928.2 on clothing in 4 years
On what do u Need help on?
Answer:
1) 0.9, 0.99, 0.09, 0.0009
2) 4(2x²+9x)
3) 110
4) $9.50 per pizza
5) 23
Answer:
Therefore four rational numbers between 1 and 2 are 9/8, 5/4, 3/2, and 7/4 Step-by-step explanation:
