Violet is planning to make 32 semiannual loan payments of $1580 dollars each. If her bank charges an annual interest rate of 3.8
1 answer:
Answer:
$21,623.70
Step-by-step explanation:
A suitable financial calculator can compute the beginning balance and the remaining balance for you. The attachments show a TI-Nspire calculator's TVM solver app being used to answer this question.
The first attachment shows the computation of the loan value. It is about $37,624.54.
The second attachment shows the computation of the remaining balance after 16 of the 32 semi-annual payments have been made.
The loan balance 8 years from the end of the loan will be about $21,623.70.
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Answer:
The distance cover by him walking back is 11.25 miles
Step-by-step explanation:
Given as :
Time for Janelle to spend on training = 5 hours
The running speed of Janelle = 9 mph
The walking back with 3 mph
Let The distance for running and walking is same i.e D miles
SO, Time =
∴ 5 = +
Or, 5 × 9 = D + 3 D
Or, 45 = 4 D
∴ D = = 11.25 miles
Hence The distance cover by him walking back is 11.25 miles Answer