Obvy irrealivent who ever this is. tell your teacher shes wack bruh
well, 21 months is really more than 1 year, since there are 12 months in a year, 21 months is actually 21/12 years.
The total loan payment = 300,000 * 10 Years = $3,000,000
There is a total loan cost formula solved for principal:
principal = (Total - Total * ((1 + rate)^ - # of years * 12) / (rate * # of years * 12)
The rate is the monthly loan rate = rate / 1,200 = 8 / 1,200 =
.0066666666...
principal =(3,000,000 - 3,000,000 * (1.0066666666)^-120) / (.0066666666 * 120)
<span>principal =(3,000,000 - (3,000,000 * 0.4505234643) / .8
</span>
principal =(3,000,000 -
<span>
<span>
<span>
1,351,570.39) / .8
</span></span></span>
<span>principal = 1,648,429.61</span> / .8<span><span>
</span>
</span>
<span><span>
</span>
</span>
<span><span><span>
</span></span></span><span><span><span>principal = 2,060,537.01
</span>
</span>
</span>
Source:
http://www.1728.org/loanfrm4.htm
Answer:
x = 22
Step-by-step explanation:
Sides AC and AB are equal, because this is an isosceles triangle.
Therefore, 2x - 24 = x - 2.
Subtracting x from both sides yields x - 24 = -2, and then adding 24 to both sides yields x = 22.
Answer:
$ 0.625 or rounded to approximetly $ 0.63 per unit
Step-by-step explanation:
This is because they are selling 2 cantaloupes for $1.25. You would divide 1.25 by 2 to get the Answer of $0.63 per unit.
I hope this helps! : )