Why is this 1 and not 0? Steps please? Y^0=1. Why is it equal to 1 and not 0? Please really explain this because I’m still convi
1 answer:
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Using the monthly payment formula, it is found that her down payment should be of $1,419.
<h3>What is the monthly payment formula?</h3>It is given by:
In which:
- P is the initial amount.
- r is the interest rate.
- n is the number of payments.
For this problem, the parameters are:
A = 250, r = 0.072, n = 72.
Hence:
r/12 = 0.072/12 = 0.006.
We solve for P to find the total amount of the monthly payments, hence:
0.0171452057P = 250
P = 250/0.0171452057
P = $14,581.
The total payment is of $16,000, hence her down payment should be of:
16000 - 14581 = $1,419.
More can be learned about the monthly payment formula at brainly.com/question/26476748
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Answer:
4.63 cubic yard.
Step-by-step explanation:
Given,
The length of sidewalk, l = 100 feet,
Width, w = 5 feet,
Depth, h = 3 inches = 0.25 feet,
Thus, the volume of the concrete needed for making the sidewalk,
= 125 cubic feet,
∵ 1 cubic yard = 27 cubic feet,
⇒ 1 cubic feet = cubic yard,
Thus, the quantity of concrete needed = ≈ 4.63 cubic yard.