Susan's monthly payment will be $117.93.
We have Susan take out a personal loan for $3,500 at an interest rate of 13% compounded monthly.
P=3500
r=30%
t=3
<h3>What is the amortization formula?</h3>
Where A is the payment,
P= principal,
r =the annual interest rate
t is the number of years.
use the given value in the formula we get
A=117.9288
A= 117.93
Susan's monthly payment will be $117.93.
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Answer:
I think its 6 :)
Step-by-step explanation:
Answers:
1. V=triangle area × length
V=1/2×8×12×20
V=960in³
2. triangle area × length
Area of the triangle=1/2×4×11
A=22ft²
V=22×6
V=132ft³
3. b, volume always have cubic power (³)
4. d, same reason of question 3
All you have to do is divide the left side of the ratio by 5 and the right side of the ratio by 7. The one that comes out even on both sides is the correct one.
let's recall that a year has 12 months, so 15 months is really 15/12 years.