Answer:
Amount of loan pay = $6.840 (Approx.)
Step-by-step explanation:
Given:
Amount of loan borrow = $4,500
Rate of interest = 15% = 0.15
Number of year = 3 year
Find:
Amount of loan pay
Computation:
Future value = Present value[1+r]ⁿ
Amount of loan pay = Amount of loan borrow[1+r]ⁿ
Amount of loan pay = 4,500[1+0.15]³
Amount of loan pay = 4,500[1.15]³
Amount of loan pay = 4,500[1.52]
Amount of loan pay = $6.840 (Approx.)
Answer:
Yeah
Step-by-step explanation:
Answer:
0.349
Step-by-step explanation:
Answer:
<u>25 students</u>
Step-by-step explanation:
20 times 5 equals 100
5 times 5 equals 25
To get to 100 students you would times it by 5 and because we times'd the 20 times 5 we need to do the same to the 5 which would result in 25 students. Hope this helped! xx
