7 to 8 i think............................
Answer:
45/10, 4 3/5, 19/4
Step-by-step explanation:
19/4 = 4.75
45/10 = 4.5
4 3/5 = 23/5 = 4.6
4.75 > 4.6 > 4.5
Best of Luck!
Answer:
x/100 x 8 = 6
8x/100 = 6
x100 x100
8x = 600
Divide by 8 on both sides:
X = 75
Consider a percent out of 100. 'Of' meaning multiplication. 'is' meaning equal to that number.
(unknown number/percent)x/100 x 8(of 8) = 6(is 6)
First find the total payments
Total paid
200×30=6,000 (this is the future value)
Second use the formula of the future value of annuity ordinary to find the monthly payment.
The formula is
Fv=pmt [(1+r/k)^(n)-1)÷(r/k)]
We need to solve for pmt
PMT=Fv÷[(1+r/k)^(n)-1)÷(r/k)]
PMT monthly payment?
Fv future value 6000
R interest rate 0.09
K compounded monthly 12
N=kt=12×(30months/12months)=30
PMT=6000÷(((1+0.09÷12)^(30)
−1)÷(0.09÷12))
=179.09 (this is the monthly payment)
Now use the formula of the present value of annuity ordinary to find the amount of his loan.
The formula is
Pv=pmt [(1-(1+r/k)^(-n))÷(r/k)]
Pv present value or the amount of his loan?
PMT monthly payment 179.09
R interest rate 0.09
N 30
K compounded monthly 12
Pv=179.09×((1−(1+0.09÷12)^(
−30))÷(0.09÷12))
=4,795.15
The answer is 4795.15