Step-by-step explanation:
You borrowed 59,000 for 2 years at 11% which was compounded annually what total will you pay back
1 answer:
You might be interested in
Answer:
Option d. $22154 is the right answer.
Step-by-step explanation:
To solve this question we will use the formula
In this formula A = amount after time t
P = principal amount
r = rate of interest
n = number of times interest gets compounded in a year
t = time
Now Lou has principal amount on the starting of first year = 10000+5000 = $15000
So for one year
= $15900
After one year Lou added $5000 in this amount and we have to calculate the final amount he got
Now principal amount becomes $15900 + $ 5000 = $20900
Then putting the values again in the formula
So the final amount will be $22154.
The base is x.
The height is 5 feet more than the base, so it's x+5.
The area of a parallelogram is the product of its base and its height. The area is 204 square feet.
The length of the base of a parallelogram must be a positive number, so x=12.
The base is 12 feet long, the height is 17 feet long.
The height is 5 feet more than the base, so it's x+5.
The area of a parallelogram is the product of its base and its height. The area is 204 square feet.
The length of the base of a parallelogram must be a positive number, so x=12.
The base is 12 feet long, the height is 17 feet long.