The owner of a health club decides to reduce the $35 membership fee by $5. What is the approximate percent decrease in the fee?
2 answers:
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Answer:
Step-by-step explanation
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Answer:
The balance be after he has made exactly half of his monthly payments is $56881.4.
Step-by-step explanation:
Given : Dean took out a 10-year loan for $40,000 at an APR of 4% compounded monthly.
To find : What will his balance be after he has made exactly half of his monthly payments?
Solution :
Formula of monthly payment ,
Discount factor
Where, Amount = $40,000
Rate r= 4% compounded monthly
Time = 10 years
Now, put all the values we get,
Half of the monthly payment is $807.345
Payment for 10 years is
The balance is $96881.4-$40000=$56881.4
Therefore, The balance be after he has made exactly half of his monthly payments is $56881.4.
Answer: The answer is
Step-by-step explanation: Given that
and we are to complete the following sentence:
We have the following division algorithm for polynomials
Here, a(x) = quotient, b(x) = divisor and c(x) = dividend.
Applying this rule in the given problem, we have
Thus, the complete sentence is
We can model this situation as a system of linear equation, where n is the number of nickels and q is the number of quarters.
Solving the system of equations, there are 67 nickels and 19 quarters.
Solving the system of equations, there are 67 nickels and 19 quarters.