Answer:
8/3, or 2 if you want a whole number
Step-by-step explanation:
Well, the simple answer is 2/(3/4). This is nothing but 2*4/3, which is just 8/3. (I used the theorem that states that dividing is the same as multiplying by the reciprocal)
Since only the principal value, interest rate and interest period are given, we can deduce that "finance charge" only includes the interest to be paid at the end of the term. This can be obtained by subtracting the principal value from the future value which we will solve for.
The future value can be solved by using the following compound interest formula:
Let:
F = Future value
P = Principal value
r<span> = annual interest rate </span>
n<span> = number of times that interest is compounded per year</span>
t<span> = number of years</span>
F = P(1 + r/n)^nt
Substituting the given values:
F = 4250(1 + 0.1325/12)^(12*2)
F = 5531.54
Subtracting P from F:
Finance charge = 5531.54 - 4250 = 1281.54
Therefore the finance charge is $1,281.54
Answer:
No
Step-by-step explanation:
Because -7/8= -0.875, while 8/-7= -1.142
Answer: 15
Explanation: the triangle to the right is a dial action of the smaller triangle, therefore the triangles are similar. Since the sides of both triangles are corresponding if the corresponding side to JI is 5, and JI is 25 then it is a dialation by a multiple of 5. So since the corresponding side to HI is 3, HI is 15
