G=0 would be your answer as it is greater than the number
Answer:
4
Step-by-step explanation:
The borrower owes $14,760.82 at the end of 8 years
What is compounding interest?
Compounding interest means that earlier interest would earn more interest in the future alongside the loan principal.
Note that in this case the loan continues to accumulate interest because there no repayments, in other words, the loan balance after 8 years, which comprises of the principal and interest for 8 years can be computed using the future value formula of a single cash flow(the single cash flow is the principal) as shown thus:
FV=PV*(1+r/n)^(n*t)
FV=loan balance after 8 years=unknown
PV=loan amount=$5,000
r=annual interest=14%
n=number of times in a year that interest is compounded=2(twice a year)
t=loan period=8 years
FV=$5000*(1+14%/2)^(2*8)
FV=$5000*(1.07)^16
FV=$5000*2.95216374856541
FV=loan balance after 8 years=$14,760.82
Find out more about semiannual compounding on:brainly.com/question/7219541.
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Answer:
The second one would be the answer.
Step-by-step explanation:
If you look at the model, it shows it on 125 going down to 90.
If she has $125 and she spends $35 on gas, you would subtract that from how much money she has.
125 - 35 = 90.
Feel free to let me know if you need more help. :)
Answer:
its so blurry
Step-by-step explanation:
grrrr
