Answer:
c. $467.29
Step-by-step explanation:
The total of balances is $9360. The payment can be computed using the amortization formula:
A = P(r/12)/(1 -(1 +r/12)^-n)
where A is the monthly payment, P is the principal (total balance), r is the annual rate, and n is the number of months.
Filling in your numbers, we have ...
A = $9360(0.18/12)/(1 -(1 +0.18/12)^-24) ≈ $467.29
Frank's monthly credit card payment will be $467.29.
Answer:
(-1,0), (0,3) and (2,2.25)
Step-by-step explanation:
The qualitative graph is as follows:
A(-1,0) ------> B(0,3) ------> C(2,2.25)
Hence, slope = (2.25 - 0)/(2 - (-1)) = 2.25/3
∴ slope = 0.75
Answer:
The rate is 1 ÷ 2 yards per hour
Step-by-step explanation:
The computation of the rate does the amount of yarn changes is given below:
= 3 3 ÷ 4 - 1 1 ÷8
= 15 ÷ 4 - 9 ÷ 8
= 21 ÷ 8 yards
Now divide the above fraction by the number of hours
= 21 ÷ 8 yards ÷ 5 1 ÷ 4
= 21 ÷ 8 × 4 ÷ 21
= 1 ÷ 2 yards per hour
Hence, the rate is 1 ÷ 2 yards per hour
The same would be relevant
Fifty two thousand fifty two is equal to 52,052.
