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natima [27]
3 years ago
10

Felix borrowed $400 and must pay 12% interest. How much must be paid

Mathematics
2 answers:
vodka [1.7K]3 years ago
6 0

Answer:

$448

Step-by-step explanation:

he must pay 400 + (12% of 400)

12% of 400 is 48

400 + 48 = 448

AleksandrR [38]3 years ago
5 0

Answer:

448

Step-by-step explanation:

So, here is the formula for that:

Fa=Ia(1+per)

First off, the <u>percentage</u>(per) would be represented as a <u>decimal</u>(.12). The <u>initial amount</u> (Ia) would be 400. The "+" is there because of <u>increasing interest.</u> This would be the equation:

400(1+.12)

Use the distributive property and you get 448

Your welcome

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3 years ago
How do you solve this problem <br> 7= ln(x+5)
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Answer:

x = 1091.63315843
<span>
Setting Up:

7 = ln ( x + 5 )

ln translates to "log" with an "e" as the base or subscript ( a small "e" at the bottom right of the "g" in log).

You take the base of the log and put it to the power of "7" ( "7" is the natural log of ( x + 5 ) in this problem ).

The value of which the logarithm is calculated is set equal to the base of the logarithm to the power of the calculated logarithm of the value.

e^7 = x + 5

Solving</span>:

e = 2.71828182846

Natural logarithms are logarithms to the base of the constant 'e'.

e^7 = x + 5    ( simplify e^7 )

<span>1096.63315843 = x + 5
</span>
Subtract 5 from each side.

1091.63315843 = x


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Step-by-step explanation:

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