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elixir [45]
3 years ago
8

Claire wants to take out a small personal loan to renovate her kitchen. She borrows $3,000. Her loan has an annual compound inte

rest rate of 15%. The loan compounds once each year. When you calculate Claire’s debt, be sure to use the formula for annual compound interest. A = P (1+)nt If Claire does not make any payments, how much will she owe after ten years?
$12,136.67
$3,481.24
$6,090.90
$3,232.74
Social Studies
2 answers:
o-na [289]3 years ago
9 0

The correct answer is A.

The formula for the annual compound interest rate gives the value requested, taking into account that each unknown included stands for the following variables:

  • P = principal or total amount borrowed =3000
  • n = interest rate applied = 15%
  • t= nº of periods = 10

Therefore, A= 3000 (1+0.15)^10 = $12,136.67

Nonamiya [84]3 years ago
7 0

A. $12,136.67 i just took the quizz

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Which of the following is NOT a logical conclusion for an archaeologists that finds a vase from an ancient culture
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8 0
3 years ago
Frances wishes to study the effects of violent videogames on children’s levels of aggression. As children come to the lab for th
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Answer:

Random assignment technique

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B Random assignment

C. Correlated assignment

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4 0
3 years ago
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givi [52]
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3 0
3 years ago
the population of Chicago is about 3,000,000. how does that compare to the total number of dead and wounded in World War 1? ( in
ivanzaharov [21]
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You can represent that as a fraction of the current population of Chicago like this:

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For simplicity's sake (since I assume the Chicago population number is an estimate), let's round the number of soldiers killed or wounded down to 300,000. That would look like this:

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We can simplify that down a lot by dividing the number of soldiers and the number of Chicagoans by the least common denominator of 300,000. That would give us this fraction:

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So for every 1 US soldier killed or wounded in World War I, there are 10 Chicagoans living in the city today.
8 0
3 years ago
Read 2 more answers
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