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guajiro [1.7K]
3 years ago
7

Alisha has a five-year car loan of $15,000 with an interest rate of 6 percent. If the interest is compounded annually, how much

will she pay in total for her car?
Mathematics
1 answer:
Ray Of Light [21]3 years ago
7 0

Answer:

I believe the answer is $20,073.38

Step-by-step explanation:

Step 1: Find the percentage. The formula for annual compound interest is A = P(1 + r)^t, where A = amount (total amount), P = principal (initial amount), r = rate (percentage), and t = time (in years). Our rate is 6%, which is 0.06 in decimal form. Add it to 1. 1 + 0.06 is 1.06.

Step 2: Raise 1.06 to the 5th power. Because we are finding the amount in 5 years, we do that step. 1.06^5 is 1.3382255776.

Step 3: Do not delete the decimal from the calculator. Multiply it by 15,000 to find the total amount. When you do, you get 20,073.383664 or 20,073.38 when rounded to the nearest hundredth.

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Answer:

37

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lesantik [10]
Hello there!


The Pythagorean Theorem is:

a² + b² = c²

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2 years ago
The box plots show the high temperatures in June and August for Denver in degrees Fahrenheit.
Kryger [21]

Hi There!

---------------------------------------------------------

Full Question:

The box plots show the high temperatures in June and August for Denver in degrees Fahrenheit.

Which can you tell about the mean temperatures for these two months?

There is not enough information to determine the mean temperatures.

The mean temperature for August is higher than June's mean temperature.

The mean temperature for June is equal to the mean temperature for August.

The high interquartile range for August pulls the mean temperature above June's mean temperature.

---------------------------------------------------------

Interquartile Range Formula: Q3 - Q1

Interquartile Range for August: 10

Interquartile Range for June: 8

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Median = Mean

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August: 82

---------------------------------------------------------

Answer: The mean temperature for June is equal to the mean temperature for August.

---------------------------------------------------------

Hope This Helps :)

5 0
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