1/4 bc if you take the fraction 3/12 and simply it’s 1/4
Answer:
F = $13,802.31
she can finance $13,802.31 with this loan.
Step-by-step explanation:
Given;
Rate r = 7% = 0.07
Time t = 4 years
Payment per month MP = $250
Number of months per year n = 12
This can be solved using compound interest for future value series formula;
F = future value
F = MP(((1 + r/n)^(nt) - 1)/(r/n))
Substituting the given values, we have;
F = $250(((1 + 0.07/12)^(12×4) - 1)/(0.07/12))
F = $13,802.31
The answer is 8x I believe
Answer:
21
Step-by-step explanation:
6520 is the answer.
6.52 * 10^3 === 6.52 * 1000 = 6520
