Answer:
32
Step-by-step explanation:
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The applicable rules of logarithms are ...
log(ab/c) = log(a) +log(b) -log(c)
log(a^b) = b·log(a)
9. Which of the following do you need to know to determine the surface area and volume of a sphere?
1 answer:
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By Evaluating the Compound Interest, we come to know that Rajesh will have enough money in the account to cover all of the required loan payments.
The Principal Amount(P) = $30,000
Rate of Interest (r) = 2.16 %
Time(t) = 10 years
Number of Times it is Compounded in a year(n) = 12
Now, we have
Putting all the values, we evaluate the amount,
Hence, the Amount after Compound Interest = $37,225.87
Now, The loan amount that he pays = 300 *12*10 = $ 36,000
Yes, he will have enough money in the account to cover all of the required loan payments.
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