Answer:
Amount = $14,024 (Approx)
Step-by-step explanation:
Given:
Amount received P = $13,500
Rate r = 7% = 0.07
Time t = 15 month = 15/12 = 1.25 = year
Discount rate = 6% = 0.06
Computation:
Maturity value = P[1+rt]
Maturity value = 13,500[1+(0.07)(1.25)]
Maturity value = $14,685.61
Time = 15 month - 6 month
Time = 9 month = 9/12 = 0.75 year
Amount = MV[1-dt]
Amount = 14,685.61[1-(0.75)(0.06)]
Amount = $14,024 (Approx)
Answer:
Step-by-step explanation:
Y is -2.08
Hope that helps!!!
Answer:
Two sides of a triangle have lengths 10 and 15.
What must be true about the length of the third side?
Greater than 5 but less than 25
Less than 15
Less than 25
Step-by-step explanation:
Eugene and Jenny are selling cookie dough for a school fundraiser. Customers can buy packages
of chocolate chip cookie dough and packages of gingerbread cookie dough. Eugene sold i
package of chocolate chip cookie dough and 10 packages of gingerbread cookie dough for a total
of $174. Jenny sold 4 packages of chocolate chip cookie dough and 2 packages of gingerbread
cookie dough for a total of $50. Find the cost each of one package of chocolate chip cookie
dough and one package of gingerbread cookie dough.
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Two sides of a triangle have lengths 10 and 15.
What must be true about the length of the third side?
Greater than 5 but less than 25
Less than 15
Less than 25
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