The present worth of the loan is <span>$6,250
</span>The start of payment will after 4 years
The nominal interest rate is 6.1% compounded monthly which is equal to 6.27% effective.
The future worth (after graduation) of the loan is
F = <span>$6,250 (1 + 0.0627)^4 = $7,971.18
The interest is
</span>$7,971.18 - $6,250 = $1,721.18
I didn't round off when solving these so it's not the exact answer among the choices but the closest is letter B <span>$1,722.22</span>
To the nearest inch it'll be
d×3.14=63
= 20 inches
1 and 1/2 is the same as 1.5 and 1.5 * 4 is 6 so I would say 4
Answer:
y = -1
Step-by-step explanation:
Answer:
your slope is 1/1 and your y-intercept is 7. you have to plot this on a graph.
Step-by-step explanation:
