Hi there
First find the monthly payment of each offer to see which monthly payment is lower
The formula of the present value of annuity ordinary is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value
PMT monthly payment
R interest rate
K compounded monthly 12
N time
Solve the formula for PMT
PMT=pv÷[(1-(1+r/k)^(-kn))÷(r/k)]
Bank F
PMT=16,200÷((1−(1+0.057÷12)^(
−12×8))÷(0.057÷12))
=210.53
Bank G
PMT=16,200÷((1−(1+0.062÷12)^(
−12×7))÷(0.062÷12))
=238.21
From the above the monthly payment of bank f is lower than the bank g
And since the lifetime of bank g is lower than bank f the answer is
b. Yvette should choose Bank F’s loan if she cares more about lower monthly payments, and she should choose Bank G’s loan if she cares more about the lowest lifetime cost.
Good luck!
Y- mx+c
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Answer:
D is the answer
Step-by-step explanation:
multiple the exponents when the equation is in parenthesis like that! and do 3 cubed which equals 27.
Answer:
A: 3/4
Step-by-step explanation:
sine is the length of the opposite side / length the hypotenuse side
cosine is the length of the adjacent side / length the hypotenuse side
using what's given:
- the opposite side has a length of 3
- the adjacent side has a length of 4
- the hypotenuse side has a length of 5
Tangent is the ratio between the opposite side length and the adjacent side length (opp/adj). With our givens, this means tan(A) = 3/4. See image for more.
C is the correct answer. An equilateral triangle is a type of triangle.