Answer:
420
Step-by-step explanation:
Answer:
im sorry i dont know but this is for a challenge
Step-by-step explanation:
The y-intercept, in this case, represents when x is at 0, or when she just began observing.
1.13 I hope I helped , enjoy it ‘!
For t=0
<span>Allan borrows--------------------------- > 1870 dollars
for t=6 years
</span>F1 = P*(1 +(r/m))^n
i=r/m
n=m*t---------- >1*6=6
we have
P1=1870
r=8%
m=1
t=6 years
F1 = 1870*(1 +(0.08/1))^6------------------ >2967.45 dollars
for t=2
Allan borrows--------------------------- > 1240 dollars
for t=6 years
F2 = P2*(1 +(r/m))^n
i=r/m
n=m*t---------- >1*4=4
we have
P2=1240
r=8%
m=1
t=4 years------------> (6-2)=4 years
F2 = 1240*(1 +(0.08/1))^4------------------ >1687 dollars
F1+F2=2967.45+1687=4654.45 dollars
the answer is 4654.45 dollars