The amount of the loan after 11 years is $34,113.53 and the intereest earned is $4,113.53
<h3>How to calculate the compound interest</h3>
The formula for calculating the exponential function is expressed as:
Given the following
- P = 30,000
- r = 0.047
- t = 11 years
- n = 4
Substitute into the formula to have:
Hence the amount of the loan after 11 years is $34,113.53
<h3>
Find the interest earned</h3>
Interest = A - P
Interest = 34,113.53 - 30000
Interest = 4,113.53
Hence the intereest earned is $4,113.53
Learn more on compound interest here: brainly.com/question/24924853
True because it wouldn’t have made since if it was false
Doubling the radius of the cylinder will quadruple the volume.
Answer:
2077.42
Step-by-step explanation:
There are 52 weeks in a year, so there are 26 "biweekly" weeks in a year.
Cory receieves $54013 per year, so he gets 54013 / 26 dollars biweekly.
We can compute that number, getting 2077.42 dollars.
Answer:
The correct answer is 25.2 in.
Step-by-step explanation:
It is given that number line goes from 0 to 60 which can be used to represent a ribbon of length = 60 inches.
2 inches of the ribbon are frayed so actual length = 58 inches
Please refer to the attached image for the ribbon.
A is at 0
C is at 60
B is at 2
P is the point to divide the remaining ribbon in the ratio 2:3.
Part AB of the ribbon is frayed.
BP: PC = 2:3
Let BP = 2
and PC = 3
Now, BP + PC = BC = 58 = 2 + 3 = 5
So,
BP = 
Location of the Cut = 2 + 23.2 = <em>25.2 inches</em>
<em></em>
Alternatively, we can use the formula directly:
m: n is the ratio 2:3
