Given the formula for future value annuity:
FV of annuity=P[(1+r)^n-1]/r
where:
P=principle
r=rate
n=time
the time taken to repay the loan will be:
1500=90[(1+0.06)^n-1]/0.06
90=90[(1+0.06)^n-1]
1=(1+0.06)^n-1
1+1=(1+0.06)^n
2=1.06^n
introduce natural log
ln2=nln1.06
n=ln2/ln1.06
n=11.8957=12 years
the answer is 12 years.
Answer:
See below in bold.
Step-by-step explanation:
Ship's vector:
Horizontal component = 30 cos 30 = 25.98.
Vertical component = 30 sin(-30) = -15.
So it is <25.98, -15).
The current's vector:
Horizontal component = 5 sin 20 = 1.71.
Vertical component = 5 cos 20 = 4.7.
So it is <1.71, 4.7>.
Answer:
C
Step-by-step explanation:
Your answer is 29, hope I helped!!
