Answer:
m+5=7
Step-by-step explanation:
Answer:
Ricardo bought it for $98.00
Sandy bought it for $81.66 [5/6×98]
Jennifer bought it for $48.99. [ 3/5×81.66]
Answer:
-8.0625
Step-by-step explanation:
Answer:
<em>The monthly payment is $450.71</em>
Step-by-step explanation:
<u>Financial Computing
</u>
Given the loan amount A, the loan term t, and the APR (annual percentage rate), the montly payment is computed as
where f is
The provided data is
Since the payments will be made monthly, the values of n and i are:
Calculating f:
Now for the payments: