Answer:
15000(1.003425)^12t ;
4.11%
4.188%
Step-by-step explanation:
Given that:
Loan amount = principal = $15000
Interest rate, r = 4.11% = 0.0411
n = number of times compounded per period, monthly = 12 (number of months in a year)
Total amount, F owed, after t years in college ;
F(t) = P(1 + r/n)^nt
F(t) = 15000(1 + 0.0411/12)^12t
F(t) = 15000(1.003425)^12t
2.) The annual percentage rate is the interest rate without compounding = 4.11%
3.)
The APY
APY = (1 + APR/n)^n - 1
APY = (1 + 0.0411/12)^12 - 1
APY = (1.003425)^12 - 1
APY = 1.04188 - 1
APY = 0.04188
APY = 0.04188 * 100% = 4.188%
To find the x-intercept<span> of a given linear equation, plug in 0 for '</span>y<span>' and </span>solve<span> for '</span>x<span>'. To find the </span>y-intercept, plug 0 in for 'x<span>' and </span>solve<span> for '</span>y<span>'. In this tutorial, you'll see how to find the </span>x-intercept<span> and the </span>y-intercept<span> for a given linear equation.</span>
Answer:
81
Step-by-step explanation:
3*3=9
9*3=27
27*3=81
It has infinite solutions
Answer:
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