Given Information:
Monthly payment = MP = $1500/4 = $375
Monthly interest rate = r = 25/12 = 2.083%
Required Information:
Present Value = ?
Answer:
Explanation:
n = 10*4
n = 40 monthly payments
The present value is found by
Where r is monthly interest rate.
MP is the monthly payment.
Therefore, $10,110 is the present value of 10 quarterly payments of $1500 each at 25% interest rate compounded each month.
Answer:
x< -8.125
Step-by-step explanation:
7(x+4) < 2(x-5) -3(x+9)
distribute 7, 2, -3 to the parentheses to the right
7x+28<2x-10-3x-27
add like terms
7x+28<x-37
add x to 7x and subtract -28 to -37
8x<-65
divide both sides by 8
x<-8.125 or (-65/8)
Answer:
Two or more lines are parallel when they lie in the same plane and never intersect. ... Skew lines are lines that are in different planes and never intersect. The difference between parallel lines and skew lines is parallel lines lie in the same plane while skew lines lie in different planes.
Step-by-step explanation:
<em><u>hope </u></em><em><u>it </u></em><em><u>helps </u></em><em><u>^</u></em><em><u>^</u></em>
12m-32=-80
12m=-80+32
12m=-48
m=-4
