The amount of the loan after 11 years is $34,113.53 and the intereest earned is $4,113.53
<h3>How to calculate the compound interest</h3>
The formula for calculating the exponential function is expressed as:
Given the following
- P = 30,000
- r = 0.047
- t = 11 years
- n = 4
Substitute into the formula to have:
Hence the amount of the loan after 11 years is $34,113.53
<h3>
Find the interest earned</h3>
Interest = A - P
Interest = 34,113.53 - 30000
Interest = 4,113.53
Hence the intereest earned is $4,113.53
Learn more on compound interest here: brainly.com/question/24924853
Answer: Third option
Step-by-step explanation:
You have the function:
Then, if the value of x increases by 1, you obtain:
-Rewrite the function:
-Substitute values for x into the function and observe what happen to y. Then:
x=1
x=2
x=3
The value of y is doubled.
Answer:
3/11
Step-by-step explanation:
it is 3/11 because you do y1-y2 divided by x1-x2
Answer:
Step-by-step explanation:
Use proportions to solve.
Corresponding sides have same ratio.
<u>Question 1</u>
- (6x + 3)/17 = (8x - 1)/21
- 21(6x + 3) = 17(8x - 1)
- 126x + 63 = 136x - 17
- 10x = 80
- x = 8
<u>Question 2</u>
- (x + 8)/21 = 32/28
- x + 8 = 21*8/7
- x + 8 = 24
- x = 24 - 8
- x = 16
The two numbers are 5 and 12.
