1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
motikmotik
3 years ago
9

Kyle took out a seven-year loan of $8,000 loan from his bank. The bank charges an interest rate of 5 percent, compounded yearly.

Kyle wants to know the total amount he will have to pay back.
Mathematics
2 answers:
Nookie1986 [14]3 years ago
7 0

Assuming the loan is as described, seven-year loan, which means that Kyle does not repay a cent before seven years.

This is a compound interest problem where n=7 years, interest rate i=0.05, and present value P=8000.

At the end of seven years, Kyle will have to pay

Future value = F = P(1+i)^n = 8000(1.05)^7 = 11256.80 (to the nearest cent)

VMariaS [17]3 years ago
3 0

Answer:

A = 8,000 (1 + 0.05)7

Step-by-step explanation:

Edmentum

You might be interested in
Help please I really need answers fast
Dima020 [189]
1st: $6.44

2nd: 6.33 KM

8 0
3 years ago
Mandy has 8 ounces of fish food to feed her fish . she feeds the fish 0.4 of fish food at each feeding how many times can Mandy
sergejj [24]
20 times

This is just simple division. Do 8 divided by 0.4 and you should get 20

Hope this helps!
-Coconut;)
8 0
3 years ago
Solve for y -2(x + 3 y) =18
LUCKY_DIMON [66]

Answer:

y= -3y - 1/3x

Step-by-step explanation:

-2(x + 3y) = 18 Distribute the -2 to the x + 3y

-2x - 6y = 18

+2x          +2x    Add the 2x to both sides

-6y = 18 + 2x   Divide both sides by -6

y= -3y - 1/3x

3 0
3 years ago
Is the expression 3x^2-5x^3 a Polynomial? If yes, what is the degree?
Paraphin [41]

Answer: The answer is: it is a fifth degree binomial or 'quintic binomial'.

Step-by-step explanation:

Is the expression 3x^2-5x^3 a polynomial?

So, we have to know what polynomial means. A polynomial is... "an expression consisting of variables and coefficients, that involves only the operations of addition, subtraction, multiplication, and non-negative integer exponents of variables."

So let's take a look at this expression.

Does it consist of variables and coefficients? YES

Does it only involve operations of addition, subtraction, multiplication, and non-negative integer exponents of variables? YES

Therefore, it is a polynomial.

Now, we have to figure out what degree this polynomial is.

The degree of the polynomial is the degree of the monomial with the largest degree.

So the largest degree would be the 3rd degree, because it is, of course, the largest out of the two powers listed.

And also, keep in mind that this is a binomial (made up of two monomials).

Therefore, it is a fifth degree binomial or 'quintic binomial'.

4 0
3 years ago
Gabriella has 4 times as many erasers as Leona.Leona has 8 erasers. How many erasers does Gabriella have
Juli2301 [7.4K]

Answer:32

Step-by-step explanation8 x 4 = 32:

6 0
3 years ago
Read 2 more answers
Other questions:
  • Translate the following words to algebra symbols, using "n" as the variable. The product of six and a number is 24.
    14·1 answer
  • On a math test. Olivia is told that the points (1,3) and (3,0) are two of the vertices of a square.
    6·1 answer
  • A way to write numbers by showing the value of each digits
    11·1 answer
  • Help me with this pls like omg soooo stressful
    14·2 answers
  • HELP ASAP, LINKS AND ABSURD ANSWERS WILL BE REPORTED! I WILL MARK BRAINLIEST!!
    6·1 answer
  • When the base of the ladder is 10 ft away from the base of a building, the top of the ladder touches the building 18 ft above th
    8·1 answer
  • Kevin's supervisor, Jill, has asked for an update on today's sales, Jill is pretty busy moving back and forth between different
    10·1 answer
  • May someone help me with this?
    14·1 answer
  • 4 - 2/8 =<br> what is 4 minus a fraction of 2/8 equal to?
    15·2 answers
  • Dylan's hiking club is planning to stay overnight at a camping lodge. Each large room can hold 15 hikers. There are 168 hikers.
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!