Select all the values that belong to the solution set of 9 ≤ 6 - y. 0 3 -3 -1 -6 6 -4
1 answer:
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Answer:
a)
b) The balance after 8 years will be of $29,069.
Step-by-step explanation:
Compound interest:
The compound interest formula is given by:
Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per year and t is the time in years for which the money is invested or borrowed.
a)
Loan of $17,500 means that
6.4% interest rate means that
Compounded monthly means that . So
b)
This is A(8). Then
The balance after 8 years will be of $29,069.
Answer:
Option b is correct 175
Step-by-step explanation:
n = 7
k = 6
3k -2 ------1
put k = 6 in above eq. for finding first term
a1 = 3(6) - 2 = 18 - 2 = 16
put k = 7 in above eq. for finding first term
a2 = 3(7) - 2 = 21 - 2 = 19
a3 = 3 (8) - 2 = 24 - 2 = 22
16, 19 , 22, ... //Arithmetic series formation
a1 = 16 , a2 = 19
d = a2 - a1 = 19 - 16 = 3 //Difference of first two terms
Using sum forumula for arithmetic series
sum =
=
=
=
=
= 7 * 25
= 175