9514 1404 393
Answer:
$443.87
Step-by-step explanation:
The amortization formula tells you the payment.
A = P(r/12)/(1 -(1 +r/12)^(-12t))
where P is the loan amount at annual rate r for t years.
A = $29,000(0.0325/12)/(1 -(1 +0.0325/12)^(-72)) = $443.87
The monthly payment will be $443.87.
Answer:
P: the principal, the amount invested
A: the new balance
t: the time
r: the rate, (in decimal form)
Step-by-step explanation:
Ex1: If $1000 is invested now with simple interest of 8% per year. Find the new amount after two years.
P = $1000, t = 2 years, r = 0.08.
A = 1000(1+0.08(2)) = 1000(1.16) = 1160
$20 in ones and $180 in tens
there is a total of $200 dollars
Answer:
9km
Step-by-step explanation:
La question précise que:
36% de 25km
La signification de "OF" mathématiquement = x (multiplication)
Par conséquent:
36% de 25km
= 36/100 × 25 km
= 9 km