The volume, V, of a rectangular prism is determined using the formula V=lwh, where l is the length, w is the width, and h is the
4 answers:
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Answer:
The amount that will go towards the balance is 385.71.
Step-by-step explanation:
The information provided is:
P = Principal of loan = $15,000
r = interest rate = 5.4% p.a. =
n = number of periods = 36
The amount of the monthly payment that will go towards the balance is:
Amount towards the balance = EMI - Interest
First compute the Equated monthly installments (EMI) as follows:
Now compute the interest as follows:
The amount that will go towards the balance is,
Amount towards the balance = EMI - Interest
= 453.21 - 67.5
= 385.71
Thus, the amount that will go towards the balance is 385.71.
Answer:
(a)
(b)
Step-by-step explanation:
Alphaville's Budget Surplus Model is
Betaville's Budget Surplus Model is
We want to determine the expression that shows how much greater Alphaville’s annual budget surplus is than Betaville’s for a particular amount of tax revenue.
- To do this, we subtract Betaville's Model from Alphaville's model.
Opening the brackets
Collect like terms and simplify
The expression that shows how much greater Alphaville's Budget is:
(b) If the tax revenue that year in each town is $75,000
We want to evaluate the expression derived above when the tax revenue that year in each town is $75,000 i.e.at x=75000