9514 1404 393
Answer:
$7641.24
Step-by-step explanation:
The amortization formula tells the payment amount.
A = P(r/n)/(1 -(1 +r/n)^(-nt))
where principal P is paid off in t years with n payments per year at interest rat r.
Using the given values, we find ...
A = $7000(0.165/12)/(1 -(1 +0.165/12)^-12) = $7000×0.01375/(1 -1.01375^-12)
A = $636.77
The total of 12 such payments is ...
$636.77 × 12 = $7641.24
You will pay a total of about $7641.24.
_____
<em>Additional comment</em>
Since the payment amount is rounded down, the actual payoff will be slightly more. Usually, the lender will round interest and principal to the nearest cent on each monthly statement. The final payment will likely be a few cents more than the monthly payment shown here.
Of each ones place.... Or ... The sum of each number? Just trying to help.....
Answer: x = 11
Step-by-step explanation:
10x+84=194
10x = "10 times a number"
+84 = "increased by eighty four"
=194 = "equals 194"
10x+84=194
Subtract 84
10x = 110
Divide by 10
x = 11
<em>Hope it helps <3</em>
Answer:
A
Step-by-step explanation:
Everything else is false and A is correct because the sum of two opposites equal 0.
