Answer:
207
Step-by-step explanation:
I believe you divide 1656 and 8 which got me 207
Answer:
6 : 1
Step-by-step explanation:
divide by 3 on both sides
18 ÷ 3 = 6
3 ÷ 3 = 1
6:1
Alf would prefer to borrow from his parents because their rates are more favourable.
The future value of the loan if he borrows from his parents is given by this formula: A(1 + r)^n
Where:
A = amount
R = interest rate
N = number of years
$15,000(1 + 0.0355)^4 = $17,246.13
The future value of the loan if he borrows from the local bank is given by this formula: : A x e^r x N
Where:
- A= amount
- e = 2.7182818
- N = number of years
- r = interest rate
$15,000 x 2.7182818^0.035 x 4 = $62,137.18
To learn more about future value, please check: brainly.com/question/14640433
Hello!
The answer is C.
You can use a calculator or do it by hand and find that 6-1.455 is equal to 4.545.