Answer:
Amount of loan pay = $6.840 (Approx.)
Step-by-step explanation:
Given:
Amount of loan borrow = $4,500
Rate of interest = 15% = 0.15
Number of year = 3 year
Find:
Amount of loan pay
Computation:
Future value = Present value[1+r]ⁿ
Amount of loan pay = Amount of loan borrow[1+r]ⁿ
Amount of loan pay = 4,500[1+0.15]³
Amount of loan pay = 4,500[1.15]³
Amount of loan pay = 4,500[1.52]
Amount of loan pay = $6.840 (Approx.)
"Starting with three, every consecutive line has 2 less than twice the previous line."
this statement means that
your staring line has 3 marbles. You multiply the 3 marblesby 2 so
3x2=6
And then you minus it by 2
6-2=4
which means that you'll get 4 marbles for the next line.
So to get your 6th line, you count how many marbles is on the 5th line but since your diagram doesn't have the 5th line you have to figure out the 5th line by counting how.many marbles is on the 4th line.
4th line = 10 marbles
10×2=20
20-2=18
5th line = 18
18×2=36
36-2=34
So the 6th line has 34 marbles.
Answer:
Step-by-step explanation:
Answer:
Step-by-step explanation:
Future Amount = 25(1.8)^10 = 25* 357.047 = 8926.168 = 8926