Can someone simplify 9^-2.5?
1 answer:
Answer: 1/243
Step-by-step explanation: To simplify the problem shown, our first step is to convert the decimal in the exponent, -2.5, to a fraction.
-2.5 is the same thing as -2 and 1/2 so we have 9^-2 and 1/2 and -2 and 1/2 is the same thing as -5/2 so we have 9^-5/2.
The rest of my work is attached in the image provided.
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By Evaluating the Compound Interest, we come to know that Rajesh will have enough money in the account to cover all of the required loan payments.
The Principal Amount(P) = $30,000
Rate of Interest (r) = 2.16 %
Time(t) = 10 years
Number of Times it is Compounded in a year(n) = 12
Now, we have
Putting all the values, we evaluate the amount,
Hence, the Amount after Compound Interest = $37,225.87
Now, The loan amount that he pays = 300 *12*10 = $ 36,000
Yes, he will have enough money in the account to cover all of the required loan payments.
To read more about Compound Interest, visit brainly.com/question/29335425
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