67. fran wants to purchase a new boat. she starts looking for a boat around $6,000. fran creates a budget and thinks that she can afford $250 every month for 2 years. her bank charges her 5% interest per year, compounded monthly.
1. what is the actual monthly payment for fran’s loan?

So, the actual payment for the Fran's loan is $263.23.

Step-by-step explanation:

Cost of boat = $6,000

Her bank charges interest per year = 5%

Let, The actual monthly payment for the Fran's loan = r

6000 = r(\frac{1-(1+\frac{0.05}{12})^-24}{\frac{0.05}{12}})

then,

r = 6000(\frac{\frac{0.05}{12}}{1-(1+\frac{0.05}{12})^-24})

r = 263.23

answer: there are x+184 pages in olivia's book.

step-by-step explanation:

let the total number of pages in the book which olive has already read be x.

then if olive has 184 pages left to read, then the total number of pages are in olive's book= pages she has read+pages she has left to read

therefore, the total number of pages in olivia's book=

hence, there are x+184 pages in olivia's book.

answer: give more info

step-by-step explanation: