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sertanlavr [38]
1 year ago
6

Please answer the question in the picture

Mathematics
1 answer:
lorasvet [3.4K]1 year ago
5 0

A loan of $50,000 is taken out for six years at 9% interest compounded annually. If the loan is paid off in full at the end of that time period, $50433 must be returned.

<h3>What is Compound interest?</h3>
  • Compound interest is calculated by multiplying the initial loan amount, or principal, by one plus the annual interest rate multiplied by the number of compound periods multiplied by one.
  • Compound interest is when you earn interest on both your savings and your interest earnings. When you compound interest, you add the interest you've earned back into your principal balance, which earns you even more interest, compounding your returns.
  • Assume you have $1,000 in a savings account earning 5% interest per year. You'd earn $50 in year one, giving you a new balance of $1,050. Compound interest occurs when interest earned on savings begins to earn interest on itself.

To learn more about Compound interest, refer to:

brainly.com/question/24924853

#SPJ10

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How to find the equation of this line?
Bad White [126]

Answer:

y = - \frac{6}{7} x - \frac{10}{7}

Step-by-step explanation:

The equation of a line in slope- intercept form is

y = mx + c ( m is the slope and c the y- intercept )

Calculate m using the slope formula

m = \frac{y_{2}-y_{1}  }{x_{2}-x_{1}  }

with (x₁, y₁ ) = (- 4, 2 ) and (x₂, y₂ ) = (3, - 4) ← 2 points on the line

m = \frac{-4-2}{3+4} = - \frac{6}{7} , thus

y = - \frac{6}{7} x + c ← is the partial equation

To find c substitute either of the 2 points into the partial equation

Using (- 4, 2 ), then

2 = \frac{24}{7} + c ⇒ c = 2 - \frac{24}{7} = - \frac{10}{7}

y = - \frac{6}{7} x - \frac{10}{7} ← equation of line

5 0
4 years ago
What is the distance between (-6,2) and (8,10) on a coordinate grid
r-ruslan [8.4K]

Answer: 14 right and 8 up, or (14, 8)

Step-by-step explanation:

To find the distance, you can subtract or add numbers.

So from (-6, 2) to 0, I have to move right 6 spaces to get (0, 2).

Then, I must move 8 to the right to get (8, 2).

From here, I continue to move up 8 since we want to get to (8,10). So in all, you should move 14 spaces to the right and 8 up (14, 8).

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