Answer:
c
Step-by-step explanation:
Answer:
huh?, give the full answer please
Step-by-step explanation:
The option c is the answer because
2p=p (1.07)^x
2=1.07^x
Solve for x
X=log(2)÷log(1.07)
x=10 years the amount will be doubled after 10 years
But your option says the investment will (more) than double with (12) years
So it's correct
We know that we have to m<span>ake a down payment of $1500 and finance the rest of $20000 at a 1.9% interest rate, making equal monthly payments for 5 years. Our first step to solve this problem would be to convert 5 years into months.
1 year = 12 months
12 * 5 = 60 months
Therefore, in 5 years there are 60 months.
Now lets solve this problem step by step.
Subtract the down payment from $20,000
</span>$20000-$1500=$18500
Multiply the remaining number by the interest rate.
$18500 *1.9 = $35150
Divide 35150 by number of months in 5 years (60)
$35150 / 60 = $585
<span>Therefore, you have to pay $585 per month. </span>
Answer:
d= 42
Step-by-step explanation: