Answer:
For a duration of 5 years, Monthly Payment =$600.42
For a duration of 6 years, Monthly Payment =$508.83
Step-by-step explanation:
where a= Amount to Finance=$33,000
Annual interest rate = 3.5%=0.035
r=Monthly Interest Rate= 0.035 ÷ 12 =
n=number of months to pay
For a duration of 5 years
n=5X12=60 months
For a duration of 6 years
n=6X12=72 months
Answer:
when you have two fractions that equal each other you want to solve by using cross multiply
What cross multiply is, is when you multiply diagonally so:
8/x=14/7
you would take 14*x and 8*7
14x=56 (you would then divide each side by 14)
x=4 (14/14=1, 56/14=4)
8/4=14/7
To check your work you could simplify
8/4=2
14/7=2
2=2, which is true
x=4
Hope this helps ;)
Answer:
can i getttt a pictture
Step-by-step explanation:
Step-by-step explanation:
15 - c = 6
15 - 6 = c
9 = c
c = 9
<span>the answer is : 9.77777777778</span>