Check the attachment or picture for the completed worksheet.
Number of compounding periods is
n=12months×3years=36
I assume that
The total interest=
monthly payment×number of compounding periods - the amount of the present value of an annuity ordinary
I=x×n-pv
Let monthly payment be X
I =Total interest is 1505.82
The present value of an annuity ordinary is
Pv=X [(1-(1+0.09/12)^(-36))÷(0.09/12)]
now plug those in the formula of the total interest above
I=x×n-pv
1505.72=36X-X [(1-(1+0.09/12)^(-36))÷(0.09/12)]
Solve for X using Google calculator to get the monthly payment which is
X=330.72
Check your answer using the interest formula
36×330.72−330.72×((1−(1+0.09
÷12)^(−12×3))÷(0.09÷12))
=1,505.83
Take the complex zero 1+i. There must be another zero 1-i to balance it, so we have the factors (x-1-i)(x-1+i)=x²-2x+1+1=x²-2x+2.
So the polynomial is (x+3)(x²-2x+2)=x³-2x²+2x+3x²-6x+6=x³+x²-4x+6, option D.
Answer:
$11.40, is the actual price, so no
Step-by-step explanation:
If a bagel is $0.95 cents, then multiply that by 12, that would be $11.40, so no, her total is not reasonable, even if you round $0.95 to a dollar, 12x1 would be 12, so you can't estimate that to $16.80
~Akmp10
