the least common multiple of 8 and 6 is 24
8*3/4=6 so that means the length is 6
4*3/4=3 so that means the width is 3
You didn't specify the periodic payment in your question. I will solve it assuming that payment is made monthly.
Amount owing by Tom = 70% of 139,000 = 0.7 x 139,000 = $97,300
Present Value of an annuity is given by PV = P(1 - (1 + r)^-n)/r; where P is the periodic (monthly) payment, r is the interest rate = 12%/12 = 1% = 0.01, n is the number of periods = 25 x 12 = 300 months.
97,300 = P(1 - (1 + 0.01)^-300)/0.01
P = 973/(1 - (1.01)^-300) = 973/(1 - 0.050534) = 1,024.79
Thus Tom pays $1,024.79 per month.
Interest due for the first month = 0.01 x 97,300 = $973
Therefore, the portion of the first payment that covers the interest is $973
Answer:
(x, y) → (-x, -y)
Q"(4, 1) → Q'(-4, -1)
R"(6, -5) → R'(-6, 5)
S"(3, -4) → S'(-3, 4)
T"(1, -1) → T'(-1, 1)
Step-by-step explanation:
this might be right, sorry if im wrong
Answer:
She will have to pay back the principal amount of $28,000 plus $728.00 in interest for a total of $28,728.00
Step-by-step explanation:
Interest = principal x interest rate x time period
Interest = 28,000 x .013 x 2
Interest = $728
Total payback amount = principal + interest
Total payback amount = 28000 + 728
Total payback amount = $28,728.00
I hope this helps!
-TheBusinessMan
