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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

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Please answer correctly !!!!! Will mark Brianliest !!!!!!!!!!!!!!
AlexFokin [52]

Answer:

AE = 60 units

Step-by-step explanation:

GE is one third the length of AE so...

GE = 1/3(AE)

20 = 1/3x

3(20) = (1/3x)3/1

60 = x

x = 60

AE = 60 units

7 0
3 years ago
Help me please..............
larisa [96]

Answer:

a.)48

b.)528

c.)448

Step-by-step explanation:

a.)8x8=64. 4x4=16 64-16=48

b.)48(from a. answer)x11=528

c.)11x8(x2 for the other side)=176. 11x4x4=176.

48x2=96. 176+176+96=448

3 0
3 years ago
How can you make 0.40 into a fraction??
melamori03 [73]
<h3>2/5 is your answer. </h3><h3>▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓</h3>

☞ First, 0.40 is the same as 40/100.

But we are not done.

<u>Now, doing this you need to find the GCF (Greatest common factor) of 40, 100.</u>

2 x 2 x 5 = 20.

☞ So our GCF is 20.

Divide both the numerator and the denominator by the GCF.

40 ÷ 20 / 100 ÷ 20.

<h2>Simplify to get ☞ 2/5.</h2><h2>▬▬ι══════════════ι▬▬</h2>

Best of luck on your assignment!

▬▬ι══════════════ι▬▬

- Emacathy | Top Answerer ♫♪.ılılıll|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llılılı.♫♪

<h2 />

8 0
3 years ago
Lindsey is considering purchasing an item that costs $860 and has a discount of 15 % . What is the amount of discount on
Blizzard [7]

Answer:

$129

Step-by-step explanation:

We need to find 15% of $860.

15% of $860 =

= 15% * $860

= 0.15 * $860

= $129

4 0
4 years ago
Kiesha and her classmates wrote proportions for the reduction of a triangle. A larger and smaller triangle have corresponding he
MrMuchimi

Answer:

the 2nd one

Step-by-step explanation:

mecause its new=original

6 0
3 years ago
Read 2 more answers
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