Ask question

Ask question

All categories

3 years ago

14

An amount of $28,000 is borrowed for 11 years at 3.75% interest, compounded annually. if the loan is paid in full at the end of

that period, how much must be paid back? use the calculator provided and round your answer to the nearest dollar.

1 answer:

Varvara68 [4.7K]3 years ago

7 0

Amount owing after 11 years = 28,000(1 + 0.0375)^11

= $41,979 to nearest dollar

You might be interested in

Help please I’m on a timer

iren2701 [21]

All real numbers greater than or equal to -3

7 0

3 years ago

The look out point of a lighthouse is 30 feet above sea level. A boat is 20 feet away from the base of the lighthouse. What is t

LiRa [457]

I believe the answer is A

6 0

3 years ago

Read 2 more answers

Slope of points (2,3) and (-4,12)

Ira Lisetskai [31]

Answer:

$\huge\boxed{slope=-\dfrac{3}{2}}$

Step-by-step explanation:

The formula of a slope:

$m=\dfrac{y_2-y_1}{x_2-x_1}$

We have the points (2, 3) and (-4, 12).

Substitute:

$m=\dfrac{12-3}{-4-2}=\dfrac{9}{-6}=-\dfrac{9:3}{6:3}=-\dfrac{3}{2}$

8 0

3 years ago

-0.4(0.5z + 4) = 3.2<br> What is the answer for this

netineya [11]

Answer:

z = - 24

Step-by-step explanation:

Given

- 0.4(0.5z + 4) = 3.2 ( divide both sides by the multiplier - 0.4 )

0.5z + 4 = - 8 ( subtract 4 from both sides )

0.5z = - 12 ( divide both sides by 0.5 )

z = - 24

6 0

3 years ago

Read 2 more answers

A recipe for homemade goop calls for 1/4 cup of cornstarch and 1 1/8 of glue. Find the lcm.

evablogger [386]

$2\frac{1}{4}$

Step-by-step explanation:

$\frac{1}{4}$ cup of cornstarch and $1\frac{1}{8}$ cup of glue are required for a recipe.

For any two given fractions $\frac{a}{b}$ , $\frac{c}{d}$ , the L.C.M is given by $\frac{\textrm{L.C.M of numerators}}{\textrm{H.C.F of denominators}}$ .

The given fractions are $\frac{1}{4}$ and $1\frac{1}{8}$ = $\frac{1\textrm{x}8+1}{8}=\frac{9}{8}$

L.C.M of numerators 1 and 9 = 9.

H.C.F of denominators 4 and 8 = 4.

∴ L.C.M of $\frac{1}{4}$ and $1\frac{1}{8}$ is $\frac{9}{4}$ = $2\frac{1}{4}$

4 0

3 years ago