Answer:
<em>Avram will have to pay $7,047 simple interest</em>
Step-by-step explanation:
<u>Simple Interest</u>
Definition: Interest calculated on the original principal only of a loan or on the balance of an account.
Unlike compound interest where the interest earned in the compounding periods is added to the new principal, simple interest only considers the principal to calculate the interest.
The interest earned is calculated as follows:
I=A.r.t
Where:
I = Interest
P = initial principal balance
r = interest rate
t = time
Avram has a principal of P=$14,500 at a simple rate of r=5.4%=0.054 for t=9 years, thus:
I=14,500*0.054*9=7,047
I=$7,047
Avram will have to pay $7,047 simple interest
The answer is x1= 0, x2= 6
Answer:
ok whatchu need help with
Step-by-step explanation:
Answer: 
Step-by-step explanation:
Given Recursive formula : 
, 
Then, 
We can write it as :
such that
n
1 
2 
3 
Hence, the required function:
First you find the median which is 4. The mean is calculated by the sum of the distribution divided by the amount of numbers in the distribution (20). The mean comes out to be 4.35. Subtract 4.35 from 4 and your answer is .35.
