1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anna71 [15]
3 years ago
10

What is the future value (total amount due) on a $12,000 loan at 8% compounded

Mathematics
1 answer:
svp [43]3 years ago
3 0

Answer: $20,780.10

Step-by-step explanation:

You need the Compound Interest Formula

A = P(1 + r/n)^nt

Step 1: Create the equation.

12,000(1 + 0.08/2)¹⁴

Step 2: Solve the equation.

Follow PEMDAS (parenthesis, exponents, multiplication...)

Parenthesis: (1 + 0.08/2) = (1 + 0.04) = (1.04)

Exponents: (1.04)¹⁴ = (1.73168)

Multiplication: 12,000(1.73168) = 20,780.1

You might be interested in
Solve the following equation for y. -19x +2y = 7​
ivolga24 [154]

Answer:

-19x +2y = 7

2y = 7  + 19x

y =  \frac{7 + 19x}{2}

5 0
3 years ago
Read 2 more answers
PLEASE HELP ME!!!!!!!!!! MUST SHOW ALL WORK
vekshin1
Do it by splitting middle term.
Then you will be able to get factors . You can learn how to split middle term by searching videos on you tube or any site.
7 0
3 years ago
ANSWER TO NUMBER 3 FIRST PERSON GETS BRAINLIEST!!
rusak2 [61]
The correct answer would be B.)

Multiplying -5x-7= 35

Multiplying two negative numbers gives you a positive
6 0
3 years ago
Find and simplify the product of the following rational expression
alekssr [168]
I would say it’s b

You can cross cancel (x-3) out of both fractions
Then you have x+2/ x times 3/4
Multiply the numerators
3(x+2)
And the denominators
x • 4 = 4x
Leaving you with 3(x+2)/4x
You can simplify it further into 3x+ 6/ 4x which is option b, though it is technically simplified with the parentheses.
6 0
2 years ago
A wildlife photographer photographs a crocodile and then paddles against a river current for 6 km. Then, hoping to photograph a
Angelina_Jolie [31]

Answer:

5 or 6

Step-by-step explanation:

So I did it in a different way than shown in rsm classes. I said that the speed was x-2 and x.

then I said the distance was 6 and 15. If the time taken was 1 hour more, then we can come up with this equation:

Since the time is 6/x-2 or 15/x

15/x-6/x-2=1

multiply everything to get a common denominator then cancel it out to get

(15x-30)-6x=x^2-2x

11x-30=x^2

x^2-11x+30=0

(x-5)(x-6) is factored form.

so x=5 or x=6. this means that the speed of the boat is either 5km/h or 6 km/h

6 0
3 years ago
Other questions:
  • Find the sum of the first 8 terms of the following sequence. Round to the nearest hundredth if necessary.
    5·1 answer
  • Can anyone help me out on this question please
    8·1 answer
  • HURRY!!!!!!!!!!!!!Which equation represents g(x)?
    13·2 answers
  • Negative one eight of a number is - 3/4
    10·1 answer
  • What is 1 and 1/3 of 240
    11·2 answers
  • Before data is entered into the regression calculator, some data may be excluded. Explain why the data pair (0, 100) was exclude
    11·1 answer
  • This bottle contains 200 mL of liquid plant food. What is the best estimate of how much the bottle can hold when it is filled to
    10·1 answer
  • Giving brainliest! need this one question soon, thank you so much!
    12·1 answer
  • Proportional relationships, please help!
    10·1 answer
  • Solve sin x = cos x on the closed interval [pi, 3pi/2].​
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!