The correct answer is 64 bc 6 times 6 is 64
Answer:
This repayment will ultimately reduce her monthly bank account balance
Step-by-step explanation:
This repayment will ultimately reduce her monthly bank account balance. That is because the steady monthly income that Emma would normally receive to her bank account will be taken out of her account and sent to her sister's account. This will continue to occur for 13 months until Emma pays back the $312 that she borrowed from her sister. Once the 13 months are over and her debt is paid, her monthly bank balance will return to normal and begin increasing as her income payments get deposited.
<u>Answer:</u>
The amount lost over the 3 years s 2567.25£
<u>Explanation:</u>
where F = final value after n years
I = initial value of the car in 2017 = £18000 (given)
Since the value is depreciated 5% every year for 3 years,
r = percentage rate of depreciation = 5% (given)
n = 3 years
Substituting these values in formula, we get
=
= 15432.75£ which is the value of the car after 3 years
Finally 18000-15432.75 = 2567.25£ is the amount lost over this period.
❓❓❓Well think of real life problems?
