Answer: $139390 must be paid back.
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1 + r/n)^nt
Where
A = amount to be played back at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount borrowed.
From the information given,
P = 41000
r = 8.5% = 8.5/100 = 0.085
n = 1 because it was compounded once in a year.
t = 15 years
Therefore,
A = 41000(1 + 0.085/1)^1 × 15
A = 41000(1 + 0.085)^15
A = 41000(1.085)^15
A = $139390
Answer:
OK midpoint is actually really easy I got u
Step-by-step explanation:
X2+X1 divided by 2
Y2+Y1 divided by 2
7+-1/2 is 6.5
-1+3/2 is 0.5
(6.5,0.5)
There you go? Is that right or no?
To find the intercepts you sub the opposite value for 0
To find y:
<span>Y=4(0)+7
0*4=0+7=7
y=7
To find x:
0=4x+7
Subtract 7 from both sides
-7=4x
divide both sides by 4
x=-7/4
Final answer:
x-intercept: (-7/4,0)
y-intercept: (0,7) </span>
Answer:
x meters
Step-by-step explanation:
