Exact form: 1/8
decimal form: 0.125
The answer is24. Explenation: 2 x (49.5 - 37.5)
2 x 12=
24
Answer:
Step-by-step explanation:
<u>As per diagram:</u>
- ∠NXY ≅ ∠XYZ as alternate interior angles since XN and YN are parallel and XY is transversal
- m∠XYZ = m∠XZY = 63° since ΔXYZ is isosceles
<u>Find the measure of ∠YXZ:</u>
- m∠YXZ = 180° - 2*63° = 54°
<u>Find the bearing of Z from X:</u>
- m∠NXZ = m∠NXY + m∠YXZ = 63° + 54° = 117°
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
