9514 1404 393
Answer:
A) $1350
B) $5850
C) $162.50
Step-by-step explanation:
A) The interest is given by the formula ...
I = Prt
where P is the principal amount, r is the interest rate, and t is the number of years.
I = $4500×0.10×3 = $1350
The interest owed is $1350.
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B) At maturity, the principal and interest are due. That amount is ...
$4500 +1350 = $5850
The maturity value is $5850.
__
C) If the maturity value is paid in 36 equal monthly installments, each is ...
$5850/36 = $162.50
The monthly payment is $162.50.
Answer:
c 2.00 in vec ay se the back yard
Hi
609.9 ⇒ 85%
x ⇒ 100%
85x = 100·(609.9)
85x = 60,990
x = (60,990)/85
x = 717.5294117... ≈ 717.53
85% of 717.53 ⇒ 0.85 × 717.53 = 609.9005 ≈ 609.9
Answer: 717.53
Answer:
The answer is B
Step-by-step explanation:
I just did the Quick Check, the attachment is the answer, np.