Answer:
$522.99
Step-by-step explanation:
Fv = total amount plus interest over the given period of time
P = Principal amount deposited i.e $500
r = interest given 1.5% i.e 0.015
n = period of time the principal remains deposited. In this case annually i.e 12 months
FV = $522.99
I think it's suppose to go
6% is .06 divided by 12 which is .005 times the number of months so in this case 9 so 5,000 times .005 times 9 which is 225 so 5,000 plus an interest of 225 adds up to 5,225
Reduced ratio<span> of any </span>two<span> corresponding sides is called the scale factor of the similar </span>triangles<span>. </span>
The present worth of the loan is <span>$6,250
</span>The start of payment will after 4 years
The nominal interest rate is 6.1% compounded monthly which is equal to 6.27% effective.
The future worth (after graduation) of the loan is
F = <span>$6,250 (1 + 0.0627)^4 = $7,971.18
The interest is
</span>$7,971.18 - $6,250 = $1,721.18
I didn't round off when solving these so it's not the exact answer among the choices but the closest is letter B <span>$1,722.22</span>
Answer:
The quotient is: x-7
and remainder is : -300
Step-by-step explanation:
We need to divide 
by 
First arrange the term in terms of ascending order of x.
Arranging we get:
\
The division steps are shown in figure attached.
The quotient is: x-7
and remainder is : -300
