Answer:
The number of payments Kendra will have to make = 17.33 to pay off the loan completely within 18 months.
Explanation:
Paying $ 46.50 monthly, a financial calculator says it will take 18 months to pay off the loan which can also be calculated manually as follows:
= $63 + $750
= 18 months.
Amortization formula for “ n” the no of payments she will have to make is:
![\mathbf{n}=\frac{-\log \left[1-\left(\mathbf{P} \times \frac{i}{A}\right)\right]}{\log (1+\mathbf{i})}](https://tex.z-dn.net/?f=%5Cmathbf%7Bn%7D%3D%5Cfrac%7B-%5Clog%20%5Cleft%5B1-%5Cleft%28%5Cmathbf%7BP%7D%20%5Ctimes%20%5Cfrac%7Bi%7D%7BA%7D%5Cright%29%5Cright%5D%7D%7B%5Clog%20%281%2B%5Cmathbf%7Bi%7D%29%7D)
here, P = principal value of loan $750
i = monthly interest rate 0.007
A = monthly payment 46.50
Substituting values in formula
![n=\frac{-\log \left[1-\left(750 \times \frac{0.007}{46.50}\right)\right]}{\log (1+0.007)}](https://tex.z-dn.net/?f=n%3D%5Cfrac%7B-%5Clog%20%5Cleft%5B1-%5Cleft%28750%20%5Ctimes%20%5Cfrac%7B0.007%7D%7B46.50%7D%5Cright%29%5Cright%5D%7D%7B%5Clog%20%281%2B0.007%29%7D)
![n=\frac{-\log [1-0.1129]}{\log (1.007)}](https://tex.z-dn.net/?f=n%3D%5Cfrac%7B-%5Clog%20%5B1-0.1129%5D%7D%7B%5Clog%20%281.007%29%7D)
![n=\frac{-\log [0.8871]}{3.029 \times 10^{-3}}](https://tex.z-dn.net/?f=n%3D%5Cfrac%7B-%5Clog%20%5B0.8871%5D%7D%7B3.029%20%5Ctimes%2010%5E%7B-3%7D%7D)
The number of payments Kendra will have to make is 17.33 to pay off the loan completely within 18 months.
a. district courts is the answer
Answer:
Germany was just an ally that just particpated in the war due to being an ally of other countries that were involved in the war. However, in the end, Germany was blamed for all of the war and had to pay for the price, thus the Treaty of Versailles being created and Germany's military was significantly limited. Germany should have not been severely punished.
Explanation:
Answer:
Montesquieu - The president has power to veto a law passed by Congress.
Voltaire - People are free to practice whatever religion they wish.
Locke - The people of the United States give the government its power.
Explanation:
Montesquieu discussed about the separation of powers and therefore he believed that every political body has its own role.
Voltaire believed that Catholic church had too much influence, and therefore proclaimed the freedom of religion.
Locke believed in the natural rights of the people, who are providing power to government that is leading them.
Historical context should be your answer
