Since only the principal value, interest rate and interest period are given, we can deduce that "finance charge" only includes the interest to be paid at the end of the term. This can be obtained by subtracting the principal value from the future value which we will solve for.
The future value can be solved by using the following compound interest formula:
Let:
F = Future value
P = Principal value
r<span> = annual interest rate </span>
n<span> = number of times that interest is compounded per year</span>
t<span> = number of years</span>
F = P(1 + r/n)^nt
Substituting the given values:
F = 4250(1 + 0.1325/12)^(12*2)
F = 5531.54
Subtracting P from F:
Finance charge = 5531.54 - 4250 = 1281.54
Therefore the finance charge is $1,281.54
6b=-6
b=-1
my answer need to be long, that is why I write this sentence
Answer:
The probability is 0.1944
Step-by-step explanation:
Since we are rolling two dice, the number of possible results is 36
for us to get a sum of seven, these are the possible results;
1 and 6
6 and 1
2 and 5
5 and 2
3 and 4
4 and 3
The probability of rolling a sum of 7 is 6/36
For a sum of 12, we only have one possible result and that is 6,6
So the probability here is 1/36
If we have or in probability, we add up the individual probabilities
So, our probability here will be;
1/36 + 6/36
= 7/36 = 0.1944
Average=total/amount
Since the total eggs were 9, and you counted 8 hen nests,
9/8= 1.125
Because you cannot have 1.125 eggs, the average is about 1 egg.
Answer:
1 : 2,000,000
Step-by-step explanation:
1cm : 20 km (recall 1 km = 100,000 cm)
1cm : 20 x 100,000 cm
1cm : 2,000,000 cm
hence scale is 1 : 2,000,000
