NeilyO574666 NeilyO574666
  • 26-10-2022
  • Mathematics
contestada

what would Heather's monthly payment be

Respuesta :

ZiyonnaU786754 ZiyonnaU786754
  • 26-10-2022

Principal P = $5000

Rate r = 4.75% = 0.0475

t = 18 months = 1.5 years

Amount A

[tex]\begin{gathered} A=P(1+r)^t \\ A\text{ = 5000(1 + }\frac{4.75}{100})^{1.5} \\ A=5000(1.0475)^{1.5} \end{gathered}[/tex]

Answer Link

Otras preguntas

Round $6.6666 to the nearest cent
what is the equivalent of 1/50 : fraction , in decimal form
What details from the may 15th entry prove that Charlie's intelligence is growing and increasing daily ?
What two mixed numbers have a sum of 3
A water molecule gains enough energy to enter the gas phase is chemical or physical?why?
how hot does it have to be to melt rock
A water molecule gains enough energy to enter the gas phase is chemical or physical?why?
125 thousandths = 1 tenth _______________ thousandths
what events led to british defeat at saratoga
What is the gel like substance in a plant and animal cell?