Answer:
$25,193.17
Explanation:
Given:
• Principal Felipe borrowed, P=$8000
,
• Annual Interest Rate, r=16.5%=0.165
,
• Compounding Period, k=12 (Monthly)
,
• Time, t=7 years
We want to determine how much he will owe after 7 years.
In order to carry out this calculation, use the compound interest formula below:
Substitute the values defined above:
Finally, simplify and round to the nearest cent.
After 7 years, Felipe will owe $25,193.17.
Answer:
Factoring is a useful skill in real life. Common applications include: dividing something into equal pieces, exchanging money, comparing prices, understanding time, and making calculations during travel.
Sorry if this is a little wordy, I can get carried away with this sort of thing
anyway, hope this helped and answered your question :)
Answer:
35 = 5 + 10x
Step-by-step explanation:
x = the ticket price.
Each ticket was $3
hope this helps :)
Answer:
66
-30
___
36
Step-by-step explanation:
The answer is 36 do 66 minus 36.
Answer:i dont think so
Step-by-step explanation:
