Answer:
7.5 in
Step-by-step explanation:
Answer:
$5659.11
Step-by-step explanation:
We are given;
- Time of loan maturity is 5 years
- Rate of compound interest is 7% compounded quarterly
- Principal amount of the car is $4000
We are required to determine the total amount he paid at the end of 5 years..
The concept being tested is compound interest;
We are going to use the compound interest formula;
Amount = P(1+r/100)^n
Where P is the the principal amount
r is the rate of interest
n is the interest periods
In this case;
n = (5 × 4) = 20
r = 7 ÷ 4 = 1.75 ( as the money was compounded quarterly)
Thus;
Amount =$ 4000 ( 1 + 1.75)^20
= $4000 (1.0175)^20
= $5659.11
Therefore, the money that Joe will have paid at the end of 5 years is $5659.11
That would make it a square root, so I'd say 2
Contrapositive is basically the converse of the statement. For example, the contrapositive of the statement "If the color is blue, then the fence is blue" is "If the color is not blue, the fence is not blue". Our answer choice that is correct is choice A.
:)
It should be $4 sorry if it is wrongbut i pretty sure that is he answer
