Answer:
He paid 80 at the start, so his starting must have been 80
Step-by-step explanation:
80+40=120...
so either 0, or 80 because he owed nothing, or he owed the 80, then the 40 for medication
I hope this helps!
Monthly payments, P = {R/12*A}/{1- (1+R/12)^-12n}
Where R = APR = 4.4% = 0.044, A = Amount borrowed = $60,000, n = Time the loan will be repaid
For 20 years, n = 20 years
P1 = {0.044/12*60000}/{1- (1+0.044/12)^-12*20} = $376.36
Total amount to be paid in 20 years, A1 = 376.36*20*12 = $90,326.30
For 3 years early, n = 17 year
P2 = {0.044/12*60,000}/{1-(1+0.044/12)^-12*17} = $418.22
Total amount to be paid in 17 years, A2 = 418.22*17*12 = $85,316.98
The saving when the loan is paid off 3 year early = A1-A2 = 90,326.30 - 85,316.98 = $5,009.32
Therefore, the approximate amount of savings is A. $4,516.32. This value is lower than the one calculated since the time of repaying the loan does not change. After 17 years, the borrower only clears the remaining amount of the principle amount.
Answer:
The answer is D on edgen.
Step-by-step explanation:
D. 80
(all you do is add 40, 14 and 26 from the graph)
Answer:
The equation for the amount of salary after x number of years is given by:
where
a is the initial amount
x represents the number of years and
r represents the growth rate( in decimal)
As per the statement:
You begin your first day as a police officer earning $30,000/yr
⇒ a= 30,000
It is also given that you obtain a full 5% increase each year,
⇒
then;
....[1]
we have to find the salary in three years.
⇒
Substitute this value in [1] we have
Simplify:
therefore, your salary be in three years will be $34,4728.75
Answer:
70 times
you didn't attach a picture so i can't help with the other part
Step-by-step explanation:
