Answer:
$1,519
Step-by-step explanation:
Given that :
Balance = principal = $520
Time (t) = 6 years
Annual. Interest rate (r) = 18% = 0.18
Using the compound interest formula:
A = P(1 + r/n)^nt
n = number of times interest is applied per period ; A = final amount
Since interest is compounded monthly, n = 12
A = 520(1 + 0.18/12)^(12 * 6)
A = 520(1 + 0.015)^72
A = 520(1.015)^72
A = 520(2.9211579)
A = 1519.0021
Hence, final amount = $1519
Answer:
5 he'll pay
Step-by-step explanation:
Answer:
sqrt(x-3)+3
Step-by-step explanation:
Consider the graph of a function f(x), if we want to move the graph right by a units we have f(x-a), to then move it up by b units we have f(x-a)+b. In this case you replace the x with x-a to get sqrt(x-a)+b
Notice how the graph goes through (3,3) and (4,4) like the original graph goes through (0,0) and (1,1). This means we want to translate it 3 up and 3 right giving us the answer.
9514 1404 393
Answer:
$4717.30
Step-by-step explanation:
Assuming the interest is capitalized only at the start of repayment, the accrued interest is ...
I = Prt
I = ($29,300)(0.0322)(4 +1) = $4717.30
The accrued interest is $4717.30.
Since it's a right triangle, we can use SOH-CAH-TOA. So tan(x) = opposite/adjacent = 5/20
tan(x) = 1/4 = 0.25
x = arc-tan (0.25) = 14.04°
