Debra borrowed $8000 at a rate of 18% compounded semiannually. Assuming she makes no payment, how much will she owe after 9 year
1 answer:
Answer:
She owe $37736.96 after 9 years .
Step-by-step explanation:
Debra borrowed $8000 at a rate of 18% compounded semiannually
We are supposed to find how much will she owe after 9 years
Principal = 8000
Rate of interest = 18% =0.18
No. of compounds per year = 2
Time = 9 years
Formula :
Substitute the values in the formula :
A= 37736.96
Hence She owe $37736.96 after 9 years .
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Answer:
Kim had bought 12 sandwiches.
Step-by-step explanation:
Given:
Amount spend at Midtown Dine = $35
Amount spend on large order of potato salad = $5
Cost of each sandwich = $2.5
We need to find the number of sandwich did Kim bought.
Solution:
Let the number of sandwich Kim bought be 'x'.
Now we know that;
Amount spend at Midtown Dine is equal to sum of Amount spend on large order of potato salad and number of sandwich Kim bought multiplied by Cost of each sandwich.
framing in equation form we get;
Subtracting both side by 5 we get;
Dividing both side by 2.5 we get;
Hence Kim had bought 12 sandwiches.