Given:
P = $8000, the principal
r = 5.99% = 0.0599, the interest rate
t = 60 months = 5 years, the duration
Assume n = 12, monthly compounding.
n*t = 12*5 = 60
r/n = 0.0599/12 = 0.004992
The total value of the loan is
A = P(1 + r/n)⁶⁰
= 8000(1.004992)⁶⁰
= 10785.434
Monthly payment = 10785.434/60 = $179.76
Answer: $179.46
Answer:
0.5
Step-by-step explanation:
6+ 4x = 8
or, 4x = 8-6
or, 4x = 2
x = 0.5
Answer: 11 hours
Step-by-step explanation:
9 - 6 = 8 hours if we excude the lunch hour.
For normal 8 hours, the wages are 64
Overtime rate is 1 1/2 times 8 = 12
For the balance $36, he worked for 3 hours
Answer:
(c) longest
Step-by-step explanation:
The largest angle is opposite the <em>longest</em> side.
