Answer:
The amount needed to pay off the loan after 4 years is $70,192
Step-by-step explanation:
When interest is compounded annually, total amount A after t years is given by:
where P is the initial amount (principal), r is the rate and t is time in years.
From the question:
P = $60,000
r = 4% = 0.04
t = 4
The amount needed to pay off the loan after 4 years is $70,192
If we divide the amount by four, we will get the amount that is paid yearly (70192/4 = 17548). $17,548 is paid yearly.
Answer:
BUTTHOLE IS A BUTT THAT FARTS POOP....YA
Answer:
Part 1) The domain of the quadratic function is the interval (-∞,∞)
Part 2) The range is the interval (-∞,1]
Step-by-step explanation:
we have
This is a quadratic equation (vertical parabola) open downward (the leading coefficient is negative)
step 1
Find the domain
The domain of a function is the set of all possible values of x
The domain of the quadratic function is the interval
(-∞,∞)
All real numbers
step 2
Find the range
The range of a function is the complete set of all possible resulting values of y, after we have substituted the domain.
we have a vertical parabola open downward
The vertex is a maximum
Let
(h,k) the vertex of the parabola
so
The range is the interval
(-∞,k]
Find the vertex
Factor -1 the leading coefficient
Complete the square
Rewrite as perfect squares
The vertex is the point (7,1)
therefore
The range is the interval
(-∞,1]
Answer:
the remaining money is $1189.22
Step-by-step explanation: