Plz solve it from simple interest......
Questions 1 and 3,5,7
Plz solve question 1 and 3 ,5,7
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2
Answer:
1 [25800*14*(1+4/12)]/100
=4816
3 3456-3200=256
time=2y
[3200*R*2]/100=256
6400*R=25600
RATE = 4%
5 2641.20-1860=781.20
[1860*12*TIME]/100=781.20
22320*TIME=78120
TIME=3.5
3YEARS 6 MONTHS
7 1/100[(400*2*R)+(550*4*R)+(1200*6*R)]=1020
800R+ 2200R+7200R=102000
10200R=102000
R=10%
stmcshm2011:
Thanks tanishk
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25
Step-by-step explanation:
A 5/5 ARM is an adjustable-rate mortgage that has a fixed mortgage rate for the first five years of a 30-year loan term. ... ARM loans also often come with adjustment caps that limit how much the interest rate can increase each time it adjusts.
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