Answer:
$1545.65.
Step-by-step explanation:
We have been given that Victor has a credit card with an APR of 13.66%, compounded monthly. He currently owes a balance of $1,349.34.
To solve our given problem we will use compound interest formula.
, where,
A = Final amount after t years,
P = Principal amount,
r = Interest rate in decimal form,
n = Number of times interest is compounded per year,
t = Time in years.
Let us convert our given interest rate in decimal form.
Upon substituting our given values in compound interest formula we will get,
≈ $
Therefore, Victor will owe an amount of $1545.65 after one year.
The answer is 825
hope i could help you
F(11) means to replace x in the equation with 11
12(11) + 5
12 x 11 = 132
Now you have 132 + 5 = 137
F(11) = 137
First, i put the equation in y=mx+b by dividing 2, since its 2y. since it’s perpendicular we’re talking about you switch the sides (opposite reciprocals). the rest should be self explanatory.
Answer:
x = 1/8 = 0.125
Step-by-step explanation: Add 1 to both sides of the equation :
8x = 1
Divide both sides of the equation by 8:
x = 1/8 = 0.125