Answer:
$2647.13
$2648.08
Step-by-step explanation:
To solve for the value of each loan we will use the formula:
Let's break down the variables that we have.
P = $2,600
r = 7.25% or 0.0725
r2 = 7.50% or 0.0750
t = 90 days
Now since we're computing for two different types of interest, let's take it one at a time.
First the State Saving and Loan.
In this situation we are solving for ordinary interest, where we compute with the total number of days are 360
The maturity value of State Savings and Loan is $2,647.13.
Now let's move on to the Security bank.
The security bank charges 7.5% exact interest. For exact interest we use 365 days.
The maturity value of the Security bank is $2,648.08.
Answer:
Your answer is $41.60
Due to the fact that u just need to add 4% to 40
(☞゚ヮ゚)☞ $41.60 ☜(゚ヮ゚☜)
Points please because I need them to cheat 2x
They own a total of 120 CDs.
GIVEN:
Ella: ratio of rock music to total CDs that she owns 25/40
Paolo: has 50 rock music CDs. The ratio of rock music to total CD is equal to Ella's ratio.
Proportion: a/b = c/d where ad = bc
25/40 = 50/x
25x = 40 * 50
25x = 2000
25x / 25 = 2000 / 25
x = 80 total of Paolo's CDs
Total of Ella's CDs = 40
Total of Paolo's CDs =<u> 80</u>
Total CDs in all 120