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Answer: the total lifetime cost for the loan is $11616.4
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1+r/n)^nt
Where
A = total cost of the loan at the end of t years.
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount borrowed.
From the information given,
P = $5,500
r = 7.5% = 7.5/100 = 0.075
n = 12 because it was compounded 12 times in a year.
t = 10 years
Therefore,
A = 5500(1 + 0.075/12)^12 × 10
A = 5500(1 + 0.00625)^120
A = 5500(1.00625)^120
A = $11616.4
Divide 3 1/2 by 2/3.
3 1/2 = 7/2 as an improper fraction, so we have
7/2 ÷ 2/3
= 7/2 * 3/2
= 21/4 = 5 1/4 L
19. A.The first Quadrant
B.The fourth Quadrant and the coordinates are (5,-3)
C. The third Quadrant and the coordinates are (-5,-3)
20. Yes, it is! It has a curve that will allow the plane to navigate and to fly by allowing air to push up on it.
21. <span>1st quadrant +x +y
: 2nd qudrant -x +y
: 3rd quadrant -x -y
: 4th quadrant +x -y</span>
