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3 years ago

Which statements describe impacts of the age of Discovery select all that apply

History

2 answers:

Nutka1998 [239]3 years ago

7 0

These were the options given:

New trade routes to Asia were discovered.

European trade was expanded.

Better technology led to better ships.

Trade with the New World declined.

European countries were unable to expand their influence

The correct answers were:

New trade routes to Asia were discovered.

European trade was expanded.

Better technology led to better ships.

I hope this helped you out. If it did please give me branliest answer

You're welcome :)

Musya8 [376]3 years ago

5 0

Well what are the statements listed?
I need something to work with

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Kendra took out a loan for $750 at an 8.4% APR, compounded monthly, to buy

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Answer:

The number of payments Kendra will have to make = 17.33 to pay off the loan completely within 18 months.

Explanation:

Paying $ 46.50 monthly, a financial calculator says it will take 18 months to pay off the loan which can also be calculated manually as follows:

$\$ 750 \times \frac{8.4}{100}$

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$=\frac{\$ 813}{46.50}(\$ 46.50 \text { per month })$

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Amortization formula for “ n” the no of payments she will have to make is:

$\mathbf{n}=\frac{-\log \left[1-\left(\mathbf{P} \times \frac{i}{A}\right)\right]}{\log (1+\mathbf{i})}$

here, P = principal value of loan $750

i = monthly interest rate 0.007

A = monthly payment 46.50

Substituting values in formula

$n=\frac{-\log \left[1-\left(750 \times \frac{0.007}{46.50}\right)\right]}{\log (1+0.007)}$

$n=\frac{-\log [1-0.1129]}{\log (1.007)}$

$n=\frac{-\log [0.8871]}{3.029 \times 10^{-3}}$

$n=\frac{0.052}{3.029 \times 10^{-3}}$

$n=1.716$

The number of payments Kendra will have to make is 17.33 to pay off the loan completely within 18 months.

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3 years ago

Which statements describe impacts of the age of Discovery select all that apply​

Which statements describe impacts of the age of Discovery select all that apply