-14=6+5x what does x equal
1 answer:
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Answer:
The amount needed to pay off the loan after 4 years is $70,192
Step-by-step explanation:
When interest is compounded annually, total amount A after t years is given by:
where P is the initial amount (principal), r is the rate and t is time in years.
From the question:
P = $60,000
r = 4% = 0.04
t = 4
The amount needed to pay off the loan after 4 years is $70,192
If we divide the amount by four, we will get the amount that is paid yearly (70192/4 = 17548). $17,548 is paid yearly.
The graph first represents the provided piecewise function option first is correct.
<h3>What is a piecewise function?</h3>The graph of a piecewise function contains numerous curve components. It signifies that it has a plethora of definitions based on the value of the input. In other words, a piecewise function behaves differently depending on the input.
We have a piecewise function shown in the picture.
After plotting all the pieces of a function on the coordinate plane we will get a graph the same as shown in the first option.
Thus, the graph first represents the provided piecewise function option first is correct.
Learn more about the piecewise function here:
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