Answer:
$1545.65.
Step-by-step explanation:
We have been given that Victor has a credit card with an APR of 13.66%, compounded monthly. He currently owes a balance of $1,349.34.
To solve our given problem we will use compound interest formula.
, where,
A = Final amount after t years,
P = Principal amount,
r = Interest rate in decimal form,
n = Number of times interest is compounded per year,
t = Time in years.
Let us convert our given interest rate in decimal form. 
Upon substituting our given values in compound interest formula we will get,
≈ $
Therefore, Victor will owe an amount of $1545.65 after one year.
5( y + 2/5) = -13
Distribute the 5 by multiplying the 5 by each term inside the set of parentheses:
5y + 2 = -13
Subtract 2 from both sides:
5y = -15
Divide both sides by 5:
Y = 3
The answer is y = 3
No, because BC and BD are not the same lengths. If AB = BC, then AB and BD are not the same lengths -> ABDE is not a rhombus.
Answer:
<u>Part 1: C. $3,159.30</u>
<u>Part 2. C. –5; –135; –10,935</u>
Step-by-step explanation:
Part 1:
Price of the boat = $ 16,600
Depreciation rate = 14% = 0.14
Time of utilization of the boat = 11 years
Price of the boat after 11 years = Original price * (1 - Depreciation rate)^Time of utilization of the boat
Price of the boat after 11 years = 16,600 * (1 - 0.14)¹¹
Price of the boat after 11 years = 16,600 * 0.1903
<u>Price of the boat after 11 years = $ 3,159.30</u>
Part 2:
Let's find out the first term of the sequence given:
A(1) = -5 * 3¹⁻¹
A(1) = -5 * 1
A(1) = -5
Let's find out the fourth term of the sequence given:
A(4) = -5 * 3⁴⁻¹
A(4) = -5 * 3³
A(4) = -5 * 27
A(4) = -135
Let's find out the eighth term of the sequence given:
A(8) = -5 * 3⁸⁻¹
A(8) = -5 * 3⁷
A(8) = -5 * 2,187
A(8) = -10,935
Answer:
$672
Step-by-step explanation:
I am a master in mathematics!!
