Answer: $139390 must be paid back.
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1 + r/n)^nt
Where
A = amount to be played back at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount borrowed.
From the information given,
P = 41000
r = 8.5% = 8.5/100 = 0.085
n = 1 because it was compounded once in a year.
t = 15 years
Therefore,
A = 41000(1 + 0.085/1)^1 × 15
A = 41000(1 + 0.085)^15
A = 41000(1.085)^15
A = $139390
The coefficient, 0.25, of the expression represents the late fee for every day the book was overdue.
And the constant, 2, represents the fixed rental fee.
The variable, x, represents the number of days Joseph had the book for.
Hope this helps :)
Based on the graph,
f(x) = 1/2x+3
g(x) = -x+4
so, h(x) = -1/2 x +7
Since h'(x) is the derivative or slope of h(x) and h is a line,
h'(x) = -1/2, Answer C.
Answer:
6
Step-by-step explanation:
Because 5.8 is closer to 6 than it is to 5.