Adjusted balance = 622.82 - 45.45 + 78.91 + 16.36 = 672.64
Adjused balance method finance charges = 672.64 x 0.1195/12 = 6.70
Average daily balance = ((622.82 x 3) + (577.37 x 6) + (656.28 x 15) + 672.64 x 6)) / 30 = (1868.46 + 3464.22 + 9844.20 + 4035.84) / 30 = 640.42
Daily balance method finance charges = 640.42 x 0.1195/12 = 6.38
Answer:
the first one should be -548
Step-by-step explanation:
plug in the values and you should get -30+7(-72-2).
Difference Between Factors and Multiples. A factor is a number that leaves no remainder behind after it divides the specific number.
9514 1404 393
Answer:
$67,516
Step-by-step explanation:
"Depreciates" means the value is getting smaller. The function that describes the situation is a <em>decay</em> function:
y= a(1-r)^x
Here, a=150000, r = 0.07, and x=11. The value is predicted to be ...
y = 150000(1 -0.07)^11 = 150000(0.93^11) = 67,515.53
The house is worth about $67,516 in 2013.
