Answer:
a) 
b) The balance after 8 years will be of $29,069.
Step-by-step explanation:
Compound interest:
The compound interest formula is given by:

Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per year and t is the time in years for which the money is invested or borrowed.
a)
Loan of $17,500 means that 
6.4% interest rate means that 
Compounded monthly means that
. So



b)
This is A(8). Then

The balance after 8 years will be of $29,069.
Answer: The answer would be j=19
5x-23=87
add 23 to both sides
5x=110
divide both sides by 5
x=22
To check your answer...
5(22)-23=87
110-23=87
87=87
Answer:
1109
Step-by-step explanation:
The first term is -27, and the common difference is 16.
The nth term is:
a = a₁ + d (n − 1)
a = -27 + 16 (n − 1)
a = -27 + 16n − 16
a = 16n − 43
The 72nd term is:
a = 16(72) − 43
a = 1109