Answer:
$403.15
Step-by-step explanation:
Principal loan amount is the total amount minus down-payment:
Knowing that 
, the monthly payments can be calculated using the formula:
![M=P[\frac{r(1+r)^n}{(1+r)^n-1}]\\\\=23000\frac{(0.006658(1.006658)^{72}}{1.006658^{72}-1}\\\\=403.15](https://tex.z-dn.net/?f=M%3DP%5B%5Cfrac%7Br%281%2Br%29%5En%7D%7B%281%2Br%29%5En-1%7D%5D%5C%5C%5C%5C%3D23000%5Cfrac%7B%280.006658%281.006658%29%5E%7B72%7D%7D%7B1.006658%5E%7B72%7D-1%7D%5C%5C%5C%5C%3D403.15)
Hence, the monthly payment is $403.15
Answer:
5.5 or 5.50.
Step-by-step explanation:
2.75 x 3 = 8.25. that minus 2.75 = 5.50.
Total = Principal * (1+(rate/n))^n*years
Total = 1,200 * (1.015)^14
Total =
1,200 * <span><span><span>1.2317557307
</span>
</span>
</span>
<span>Total =
1,478.11</span>
Source:
http://www.1728.org/compint3.htm
Answer:
6(z+9)
ANSWER: 6z+54
z=9
Step-by-step explanation:
mm, im sorry they didn't answer this yesterday
