Answer:
the future value is $47,371.74
Step-by-step explanation:
Given that
The borrowed amount is $24,000
The rate of interest is 12% per annum
The time period is of 6 years
We need to find out the payment made i.e. future value
So as we know that
Future value = Present value × (1 + rate of interest)^no of years
= $24,000 × (1 + 0.12)^6
= $24,000 × 1.12^6
= $47,371.74
Hence, the future value is $47,371.74
The answer's D. 35/22
Well i have to write 20 words so dont mind this part
If the building is rectangle then no is not ant to top is bigger then no and if the bottom is bigger then yes
The amount of money by which Denny went over is $45
By how many gigabytes did the family exceed their data usage?
The initial plan was for 20 gigabytes, eventually, the family used 24.5 gigabytes in the month, which means the excess amount of data used can be determined thus:
excess data usage=24.5 gigabytes-20 gigabytes
excess data usage=4.5 gigabytes
For each extra gigabyte of data, the family needs to pay $10, which means that the amount of money Denny owes is 4.5 gigabytes multiplied by $10
The amount that he went over=$10*4.5
the amount that he went over=$45
Find out more about data usage on:brainly.com/question/19389736
#SPJ1
