What does 2/3- 6 equal ?
2 answers:
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The total amount of interest will Gertrude pay by the time the subsidized Stafford loan is repaid is $2094.80.
<h3>What is compound interest?</h3>Compound interest is the amount charged on the principal amount and the accumulated interest with a fixed rate of interest for a time period.
The formula for the final amount with the compound interest formula can be given as,
Here, A is the final amount (principal plus interest amount) on the principal amount P of with the rate<em> r </em>of in the time period of <em>t.</em>
Gertrude will graduate four years after taking out the loan. if the loan has an interest rate of 6.8%, compounded monthly, and Gertrude makes monthly payments.
Put the values in the above formula as,
In the 10 years, the refund she gets,
Interest paid by her is,
Thus, the total amount of interest will Gertrude pay by the time the subsidized Stafford loan is repaid is $2094.80.
Learn more about the compound interest here;
Answer:
Please check the explanation and attached graph.
Step-by-step explanation:
Given the parent function
y = |x|
In order to translate the absolute function y = |x| vertically, we can use the function
g(x) = f(x) + h
when h > 0, the graph of g(x) translated h units up.
Given that the image function
y=|x|+4
It is clear that h = 4. Since 4 > 0, thus the graph y=|x|+4 translated '4' units up.
The graph of both parent and translated function is attache below.
In the graph,
The blue line represents the parent function y=|x|.
The red line represents the image function y=|x| + 4.
It is clear from the graph that the y=|x| + 4 translated '4' units up.
Please check the attached graph.
