1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
chubhunter [2.5K]
3 years ago
6

Allan borrows 1870 dollars from his uncle. Two years later, he borrows another 1240 dollars. If his uncle charges him 8 percent

interest compounded annually, how much does Allan owe 6 years after the first loan?
Mathematics
1 answer:
Anna11 [10]3 years ago
3 0
For t=0
<span>Allan borrows--------------------------- > 1870 dollars

for t=6 years
</span>F1 = P*(1 +(r/m))^n
i=r/m
n=m*t---------- >1*6=6
we have
P1=1870
r=8%
m=1
t=6 years
F1 = 1870*(1 +(0.08/1))^6------------------ >2967.45 dollars

for t=2
Allan borrows--------------------------- > 1240 dollars

for t=6 years
F2 = P2*(1 +(r/m))^n
i=r/m
n=m*t---------- >1*4=4
we have
P2=1240
r=8%
m=1
t=4 years------------> (6-2)=4 years
F2 = 1240*(1 +(0.08/1))^4------------------ >1687 dollars

F1+F2=2967.45+1687=4654.45 dollars
the answer is 4654.45 dollars


You might be interested in
Will give brainiest Find the equation of the straight line parallel to the y-axis and passes through the point (-2, 3). _____
IrinaVladis [17]

Answer:

Step-by-step explanation:

8 0
2 years ago
Convert the rectangular equation to polar form.
N76 [4]
To convert from rectangular coordinate (x, y) to polar coordinate (r, θ).
r is given by the square root of the sum of the squares of the rectangular coordinate.
r= \sqrt{x^2+y^2}
and θ is given by the arctan of the ratio of y to x.
\theta=\tan^{-1} \frac{y}{x}
Example:
To convert rectangular coordinate (3, 4) to polar coordinate
r= \sqrt{3^2+4^2} = \sqrt{9+16} = \sqrt{25} =5 \\ \theta=\tan^{-1}( \frac{4}{3}) =53.13^o
Therefore, rectangular coordinate (3, 4) = polar coordinate (5, 53.13°)
3 0
3 years ago
A mixed number always consists of a _____ number plus a fraction.
Aleks [24]

Answer:

whole number and a fraction

8 0
2 years ago
Can u solve this problem in show your work
aksik [14]

Hey there!

We can solve this problem by doing PEMDAS, which lists:

Parentheses \\ Exponents \\ Multiplication \\  Division \\ Addition \\ Subtraction

We have in this equation

Parentheses \\ Exponents \\ Dvision

Let's sp;ve this equation now!

Parentheses ↓

(6 -3) = 3

Exponents ↓

3^2  = 9

Division ↓

\frac{36}{9}  = 9

Okay now , I show you the steps so it can be easier to solve!

\frac{36}{(6-3)^2} \\ \\  6-3 = 3 \\   \\ \frac{36}{3^2}  \\ \\ 3^2 = 9   \\  \\ \frac{36}{9} \\ \\ \\ \\ Answer: 4

Good luck on your assignment and enjoy your day!

~LoveYourselfFirst:)

5 0
3 years ago
Read 2 more answers
It takes a printer 10 hours to print the class schedules for all of the students in a college. A faster printer can do the job i
Naya [18.7K]

Answer:

8 hours

Step-by-step explanation:

pretty sure

6 hours is in half and 10 hours is in half add it up and you get 8?

8 0
3 years ago
Other questions:
  • Veronique has a spinner with three sections of equal size, red (r), green (g), and blue (b).The spinner is spun twice. The sampl
    14·2 answers
  • Point T is the midpoint of JH. The coordinate of T is (0, 5) and the coordinate of J is (0, 2). The coordinate of H is:
    7·1 answer
  • A rectangle has a base of 48 inches and height of 24 inches. Evan enjoys eating fresh fruits and vegetables. This year, he decid
    5·1 answer
  • What is the height of an equilateral triangle with all sides equal to 8
    9·2 answers
  • What is the answer and how do you do it
    7·1 answer
  • Evaluate the line integral in Stokes? Theorem to evaluate the surface integral integrate S ( x F) n dS. Assume that n is in the
    10·1 answer
  • $4.30 makeup; 40% discount; 6% tax
    5·1 answer
  • Which shows a correct order to solve this story problem?
    10·2 answers
  • Write an equation of the line below.
    12·1 answer
  • Index and laws<br><br> evaluate <br> A) 55^0<br> B)100^1
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!