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Molodets [167]
3 years ago
8

A company borrows $60,000 by signing a $60,000 8% 6 year note that requires equal payments of $12979 at the end of each year. Th

e first payment will record interest expense of $4800 and will reduce principal by
Mathematics
1 answer:
andreev551 [17]3 years ago
5 0

Answer: $8179

Step-by-step explanation:

The principal is the amount of money that is invested at a particular interest rate.

In this scenario, we are informed that a company borrows $60,000 by signing a $60,000 8% 6 year note that requires equal payments of $12979 at the end of each year.

Since the first payment will record interest expense of $4800, then for us to get the amount that the principal will be reduced by, we subtract the interest expense made from the equal payments that are made at each year end. This will be:

= $12979 - $4800

= $8179

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Answer:

Step-by-step explanation:

The graph is sketched in the attachment. It's easy to sketch the same graph using the given information. Let's say h is the height. For time t=0 you put a dot on 3 feet since it's the lowest point of the ferris wheel (you get that by substracting the diameter of 40 feet from the highest point given (43 feet).

Second dot is your highest point 43 feet at t=4 sec since it is the half of the circle.

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Now you need to find out the phase of the wave. Since we want to be at 0 feet at t=0 you need to shift the wave 90° degrees forward or \frac{\pi}{2} in radians.

Finally it's important to shift the whole wave up. You do that by adding the appropriate amount that is in this case the half of the diameter plus the 3 feet to the ground.

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