Answer:
The total amount of interest Samantha will pay=$40,842.47
Step-by-step explanation:
Step 1: Determine expression of total interest amount to be payed
The expression for the total interest amount to be payed inclusive of interest is given by;
A=P(1+r/n)^(nt)-P
where;
A=total amount of interest to be payed
P=principal loan amount
r=annual interest rate
n=number of compounding periods in a year
t=number of years
In our case;
P=$40,000
r=4.7%=4.7/100=0.047
n=12
t=15 years
replacing;
A=40,000(1+0.047/12)^(12×15)-40,000
A=40,000(1.00392)^180-40,000
A=40,842.46821
The amount rounded of to the nearest cents=1/100=0.01, round off to the nearest 2 decimal places=40,842.47
The total amount of interest Samantha will pay=$40,842.47
Answer:
x= 72/5
Step-by-step explanation:
Cross multiply
8/x=5/9
(8) * (9) = 5 * x (* equals multiply)
72=5x
Then Flip the equation
5x=72
Last, Divide both sides by 5
5x/5=72/5
and that’s it uwu✌️
Answer:
8/3
Step-by-step explanation:
Because all 4 angles are congruent, the sides are proportional.
the scale factor is 5/30 = 1/6.
meaning x = 16(1/6)=8/3.
Plug in y into the other y
X-2 = -x + 4
Put unknowns on one side and knowns on other side
2x = 6
X= 3
No need to find y because only 1 answer has 3 as x.
Answer is (3,1)