Answer:
$18,087.23
Step-by-step explanation:
The future worth of the loan in 7 years compounded semiannually is computed as shown below using the future value formula adjusted for semiannual compounding:
FV=PV*(1+r/2)^n*2
FV is the worth of the loan in 7 years which is unknown
PV is the actual amount of loan which is $8,000
r is the rate of interest of 12%
n is the number of years of the loan which is 7 years
the 2 is to show that interest is computed twice a year
FV=8000*(1+12%/2)^7*2
FV=8000*(1+6%)^14
FV=8000*1.06^14=$18,087.23
Answer:
(4c-1)(y+3)
Step-by-step explanation:
4c(y+3) -(y+3)
=(4c-1)(y+3)
This is not a function. There are multiple outputs for the same input at 
. A function only has 1 output for every input.
Answer:
345600000000 and 670
Step-by-step explanation:
