The number of monthly payments Brenda will have will be given by:
Number of payments=[Number of years]×[number of months]
Number of years=5
Number of months=12
hence
# Payments=5*12=60 monthly payments
Answer:
y = 52500(.91)^x
Step-by-step explanation:
Exponential functions are written y = ab^x where a is the starting point and b is the common ratio. We know the initial worth is 52500 and each year the worth decreases 9% of the original year, making it work 91% of the previous value.
139 is suppose to be 140 and 18 is suppose to be 20, 140 x 20 = 2800
Home this works
Can't answer this question coz there is no numbers or pictures
The final amount is $7,615.27
A = P(1 + r/n)^t
Where,
A = Final amount
P = principal = $7, 200
r = interest rate = 2.5% = 0.025
n = number of periods = 4
t = time = 9 years
A = P(1 + r/n)^t
= 7,200(1 + 0.025/4)^9
= 7,200(1 + 0.00625)^9
= 7,200(1.00625)^9
= 7,200(1.0576769512798)
= 7,615.2740492152
Approximately,
A = $7,615.27
brainly.com/question/14003110
