Present value of annuity PV = P(1 - (1 + r/t)^-nt) / (r/t)
where: p is the monthly payment, r is the APR = 14.12% = 0.1412, t is the number of payments in one year = 12, n is the number of years = 2.
1,120.87 = P(1 - (1 + 0.1412/12)^(-2 x 12)) / (0.1412 / 12)
0.1412(1120.87) = 12P(1 - (1 + 0.1412/12)^-24)
P = 0.1412(1120.87) / 12(1 - (1 + 0.1412/12)^-24) = $53.88
Minimum monthly payment = 3.15% of 1120.87(1 + 0.1412/12) = 0.0315 x 1120.87(1 + 0.1412/12) = $35.72
Therefore, his first payment will be greater than the minimum payment by 53.88 - 35.72 = $18.16
Answer:
i thr 10 dollers would be ear by 1 thousand
The distance from your house to your grandparents house is
3.67 miles or 19377.6 ft.
So the total number of strides needed would be:
strides needed = 19377.6 ft / (2.6 ft / stride)
<span>strides needed = 7,452.92 = 7,453 strides</span>
Answer:
1,75 miles
Step-by-step explanation:
3 miles ______26 minutes
1 miles =>26 :3 =8,5 (8 minutes and 5 seconds)
15:8,5 =1,75 miles
Answer:
A die has 6 numbers.
So 6 numbers them being
1, 2, 3, 4, 5, 6
There’s only one number greater then 5 which is 6.
Since its 6 numbers, a die has a 1/6 chance of getting your desired number.
So it’s a 1/6 chance.