The area of the triangle below is 7.5 units
Answer:
The correct answer 8486.
Step-by-step explanation:
Given:
Troy - P pr principle amount = 10000
rate = 9%
time = 60-22 = 38
intrest at every three months so time = t = 38*4 = 132
Nicohlas
P = x
rate = 10%
time = 60 -45 = 15
every month compounded = 15*12=180
solution:
the formula of compound intrest = P (1 + r/n)^(nt)
where n = number of counded intrests per year
puting formula for troy=
10000 (1+9/4)^132
= 294,322.96 .....1
now for nicolas
I = x(1+10/12)^180
x = 294,322.96/(1+10/12)^180
= 8486.
C because it's using the distributive property. It's breaking it down into sections.
50 since a triangle has to equal 180, trust!
Total commission that Lamar got is:
6.5/100×785,000
=$51,025
Amount that Lamar split with his broker:
40/100×51025
=$20410
Amount that brokerage split
=50/100×20410
$10205
Total amount Lamar received $10205
