Answer:
C. 16 months faster
Step-by-step explanation:
You can solve this using a Financial calculator( TI BA II plus in this case)
First, find number of months if recurring monthly payment is $38.50;
Amount borrowed ; PV = -950
Monthly rate ; I/Y = 7.2%/12 = 0.6%
Monthly payment; PMT = 38.50
Future value ; FV = 0
Total duration; press CPT, N = 26.785 OR 27 months
Next, find number of months if recurring monthly payment is $93;
Amount borrowed ; PV = -950
Monthly rate ; I/Y = 7.2%/12 = 0.6%
Monthly payment; PMT = 93
Future value ; FV = 0
Total duration; press CPT, N = 10.573 OR 11 months
Difference = 27 -11 = 16
Therefore, she would be able to pay off the loan 16 months faster.
Answer:
2/5
Step-by-step explanation:
make it reciprocal
2x/5 = 4/25
cross multiply the numbers
2x × 25 = 4×5
2x= 20/25
2x= 4/5
x = 2/5
Answer:
60
Step-by-step explanation:
Assuming that all 54 shelves hold the same number of books its just a matter of dividing them (or sharing them equally) on each shelf.
3240 / 54 = 60
Each shelf holds 60 books.
Answer:
That's true. It does have 5 lines and 4 spaces.
Step-by-step explanation:
Ion know if it's a true or false question but I hope I helped ya.
If you don't understand my answer, hmu in the comments.
<u><em>< Sarah ></em></u>
(2)5x-y=12
3x+2y=2
10x-2y=12
3x+2y=2
13x=2
x=0.15
