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Helga [31]
3 years ago
9

What is the answer too 11 - 18s = - 15?

Mathematics
1 answer:
Arlecino [84]3 years ago
4 0

Answer: s = 1.44

Step-by-step explanation:

11 - 18*s = -15

-18*s = -15 - 11

-18*s = -26

18*s = 26

s = 26/18

s = 13/9

s = 1.44

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Answer:

The amount needed to pay off the loan after 4 years is $70,192

Step-by-step explanation:

When interest is compounded annually, total amount A after t years is given by:

A = P(1 + r)^{t}

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From the question:

P = $60,000

r = 4% = 0.04

t = 4

A = 60000(1 + 0.04)^{4} \\A = 60000(1.04)^{4}\\A = 60000 * 1.16985856\\A = 70191.5136\\A = 70192

The amount needed to pay off the loan after 4 years is $70,192

If we divide the amount by four, we will get the amount that is paid yearly (70192/4 = 17548). $17,548 is paid yearly.

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WARRIOR [948]

Answer:

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