The lees rented a car for 4 weeks.The santos rented a car for 2 weeks.Whose weekly rentsl cost was lower?
2 answers:
Answer:
Lees have lower weekly rental cost.
Step-by-step explanation:
Consider the total rent of both are same.
Formula for weekly rental cost is
Weekly rental cost is inversely proportional to number of week. It means, more number of weeks represents less rental cost.
It is given that lees rented a car for 4 weeks and santos rented a car for 2 weeks.
Number of weeks of lees is more than the number of weeks of santos.
Hence, lees have lower weekly rental cost.
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Answer:
The principal amount was $23,393.45
Step-by-step explanation:
The total amount paid on a 35 year loan was $98,000 at the rate of interest 4.1%
We will calculate Principal amount by this formula
Where A = amount (98,000)
P = Principal amount (P)
r = rate of interest 4.1% (0.041)
n = number of compounding interest monthly (12)
t = time (35 years)
98,000 = P(4.189386)
= 4.189386P = 98,000
P =
P = 23,392.4494 ≈ $23,392.45
The principal amount was $23,393.45