The answer is 15/100 x 45 =6.75 minutes <span />
Answer:
y = 2x
Step-by-step explanation:
The equation that represents a proportional relationship that has a constant of proportionality equal to 2 is y = 2x
60, 25% is a quarter of 100%, so 15 + 15 + 15 + 15= 60
What do you mean by this?
Answer:
$5469.65
Step-by-step explanation:
Jackson borrowed $4000
Interest= 7.9%= 0.079
N=4
m= "compounded quartely"= 4
If he wants to pay it off now, the amount his creditor expect as a payout of the loan is:
Future Value= X(1+i/m)^nm
FV= 4000(1+0.079/4)^4*4
FV= 4000(1+0.01975)^16
FV= 4000(1.01975)^16
FV= 4000(1.3674121)
FV= 5469.6484
FV= $5469.65
The amount his creditor expect as a payout of the loan is 5469.65 if jared want to pay off the loan now.
