The ski resort is open 13/52 weeks out of the year
The present worth of the loan is <span>$6,250
</span>The start of payment will after 4 years
The nominal interest rate is 6.1% compounded monthly which is equal to 6.27% effective.
The future worth (after graduation) of the loan is
F = <span>$6,250 (1 + 0.0627)^4 = $7,971.18
The interest is
</span>$7,971.18 - $6,250 = $1,721.18
I didn't round off when solving these so it's not the exact answer among the choices but the closest is letter B <span>$1,722.22</span>
Answer:
w=9
Step-by-step explanation:
I hope this image is helpful to you.
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Answer:
x= 3.21
Step-by-step explanation:
25- 21.79= 3.21
the equation equals to 25 so you need to find what x is by subtracting the other value
Hope this helps
Answer: 6/5
Step-by-step explanation:
Slope = Rise/ Run
=6/5
