Answer:
The answer is 51984
Step-by-step explanation:
40-2(2+10)=
38(2+10)=
96+360=
456=
456/2=
228=228^=
51,984
Reread the question understand what it is asking put a box around the key words underlined the stuff that help you get your answer then go back and check your work put your paragraph and page number that means where you got it from how did you get it if you got it from the map put mapan understand what is the question is asking youI was you I would probably cross the ones that don't make sense to do these things in order to
You find something you can divide the top and bottom number by. You want to get the largest number which in this case is 6. You divide 6 by 6 and 18 by 6 leaving you with 1/3, however if you didn't see that you could also divide both numbers by 3, then continue to simplify.
P=principal, n=360 months, i=0.067/12 monthly
The equal monthly payments are:
=0.0064527798P
Future value of principal after 29 months
F=P(1+i)^29=P(1+0.067/12)^29=1.1752328813 P
Future value of payments after 29 months
=0.2025204525P
Amount owing after 29 months
=1.1752328813 P - 0.2025204525P
=0.9727124288P
Amount of principal repaid
= P-0.9727124288P
= 0.0272875712P
Portion of payment towards capital (current dollars)
= 0.0272875712P / (29A)
= 0.0272875712/0.1871306136
= 0.14582, or 14.6%