Here is your question: 7/6 divided by 2.
÷
.
Multiply and you get
Answer:
1/8
Step-by-step explanation:
1/2 of 1/4 is 1/8
Answer: $32,732.58
Step-by-step explanation:
To calculate the total loan payment over the course of the loan period, use the future value formula:
= Loan amount * (1 + rate) ^ number of years
As this loan is compounded monthly, you need to convert certain terms to monthly figures:
Number of periods = 6 * 12 months = 72 months
Interest = 4.5 / 12 = 0.375%
Total payment:
= 25,000 * ( 1 + 0.375%)⁷²
= $32,732.58
Answer:
To multiply decimals, first multiply as if there is no decimal. Next, count the number of digits after the decimal in each factor. Finally, put the same number of digits behind the decimal in the product.
