Answer:
$509
Explanation:
First, we find the lump sum to pay under the bank terms. The interest rate is 0.5% monthly, which is equivalent to 6.2% annually.
The formula is:
Where:
- P = Present value
- i = interest rate
- n = number of compounding periods of the interest rate
- X = lump sum we need to find
Now, we simply plug the amounts into the formula:
Next, we find the value of the lump sum under the company's preferred terms:
Finally, we susbtract the two figures to find the difference:
The Danube, which is the second-longest river in Europe. The Loire, which flows through France and splits the country midway. The Elbe, which flows through Germany and the Czech Republic and links popular destinations. The Rhine, which streams 766 miles to the Netherlands and ends in the North Sea. The Volga, which is the longest river in Europe.
Absolute Dating- provides a specific time
Relative Dating- compares age of rock using law of superposition based on elements found in the rocks
The winds that pushing the sasiling ship from north, but they are also curving to west. theses winds are known as : d. polar easterlies.
polar easterlies is the wind are blowfrom east to west.
hope this help
