First, determine the effective interests given both interest rates.
(1) ieff = (1 + 0.068/12)^12 - 1 = 0.07016
(2) ieff = (1 + 0.078/12)^12 - 1 = 0.08085
Calculating the interests will entail us to use the equation,
I = P ((1 + i)^n - 1)
Substituting the known values,
(1) I = ($5125)((1 + 0.07016)^1/2 - 1)
I = $176.737
(2) I = ($5125)(1 + 0.08085)^1/2 - 1)
I = $203.15
a. Hence, the greater interest will be that of the second loan.
b. The difference between the interests,
d = $203.15 - $176.737
$26.413
Let us find the slopes of the two lines
ax+by=c, slope m1 = -a/b
bx-ay=c, slope m2 = b/a
m1*m2 = (-a/b)(b/a) = -1
Therefore the two lines are perpendicular so the answer is D
for estimating round both the price of shoes and the percentage to round numbers
97.65 is close to 100, so use 100 for the price of shoes
68% is close to 70 so use 70%
then multiply 100 by 70 %,
100 *70% = 70 dollars
so Isaac would pay around 70 dollars
Answer:
216 sq. units
Step-by-step explanation:
From the figure, we can see that only one pair of opposite angles are equal. So, the quadrilateral is a kite.
Formula to find the area of a kite:
Area, A = 
where, 
and 
are the lengths of the diagonals.
Here, 
units.
And, 
units.
Therefore, the area A = 
= 
= 216 sq. units which is the required answer.
