Answer:
The total interest to pay back on the loan is $122.40
Step-by-step explanation:
Here. we want to get the amount of interest on the loan
We are going to use the compound interest formula here
A = P(1 + r/n)^nt
where A is the amount to be paid back
P is the amount borrowed called the principal which is $1,500
r is the interest rate which is 4% annually
This is same as 4/100 = 0.04
n is the number of times the interest will be compounded per year ; annually means yearly and so for this case, n = 1
t is the number of years = 2
So we have;
A = 1500(1 + 0.04/1)^(2)(1)
A = 1500(1.04)^(2)
A =$ 1,622.40
So the amount of interest is the difference between the amount borrowed and the value to pay back
That will be;
$1,622.40 - $1,500
= $122.40
<span>√24-x
=</span><span>√24-6
</span>=<span>√18
=</span>√9 . <span>√2
= 3</span><span>√2</span>
Answer:
f(g(5)) = 16.5
Step-by-step explanation:
To calculate f(g(5)), evaluate g(5) then substitute the value obtained into f(x)
g(5) = 
× 5 = 2.5 , then
f(2.5) = 5(2.5) + 4 = 12.5 + 4 = 16.5
You would have to multiply 120 x 20 then divide by 8. I hope that helps you!
