You are considering taking out one of two loans. Loan R has a principal of $17,550, an interest rate of 5. 32% (compounded month
1 answer:
The difference between the monthly payment of R and S is equal to $48.53 by following the compound interest formula. Thus, Loan R's monthly loan amount is greater than Loan S.
<h3>What is a Compound interest loan?</h3>Combined interest (or compound interest) is the loan interest or deposit calculated based on both the original interest and accrued interest from earlier periods.
The difference between the monthly payment of R and S is equal to $48.53.
Hence, Loan R's monthly payment is greater than the loan's monthly payment by $48.53
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Answer:
The answer is "22 and 80"
Explanation:
The important part is to understand how the Venn diagram can assist you with your numbers.
You cannot draw this one, and you can create one as follows:
the 3 sorts of funding, then make your way back thru the list
this is the figure in the center - "22 had all 3 funds"
where the four dimensions meet. In the next three statements, you'll be able to:
Work out where 2 circles connect (remember all 22 of those circles are connected).
That's because the numerals have been already placed throughout the center zone.
bond & money market solenoid valves at a ratio of
as to where the corporate market and the term deposit intersect
as to where equities and bonds connect You can use the top 3 statements to work out all the values in a table.
(Set of) just one circle (circle)
for stock the number is
for the bond, the number is
for the money market, the number is
(universal set) Lastly, get the number that goes into the rectangle.
