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Aleks [24]
3 years ago
11

A college student takes out a $7,500 loan from a bank. What will the balance of the loan be after one year (assuming the student

has not made any payments yet):
please explain how you got the answer.

Mathematics
1 answer:
jarptica [38.1K]3 years ago
5 0
The general equation use to calculate increasing or decreasing values

P(t) = A(1 + r)^t

where:
P = New value
A = original or starting amount
r = rate (can be either increasing(+) or decreasing(-))
t = time period that increase/decrease take place.

So after 1 year at 3.8% interest
P = 7500(1 + 0.038)^1
P = 7500(1.038)
P = 7,785

Then after 1 year at 5.35 interest
P = 7500(1 + 0.053)^1
P = 7500(1.054)
P = 7,897.50
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You are investing $6000 in an account earning 12% annual interest, compounded monthly.
Softa [21]
After 7 years you will have about 3,500
7 0
3 years ago
Pls help me with this
kvasek [131]

Answer:

1st one is positive

2nd one is negative

3rd one is negative

4th one is positive

Step-by-step explanation:

7 0
2 years ago
2000 tickets were sold in exhibit on Saturday the cost of a ticket for an adult is four dollars and for a child is two dollars a
PolarNik [594]

Answer:

look at picture

Step-by-step explanation:

x: adult tickets

t: children tickets

8 0
3 years ago
Consider f(x)=x+7 and g(x)=x^2-1 find (g of f)(x)
finlep [7]

Answer:

g(f(x))=x^2 + 14x + 48

Step-by-step explanation:

you insert (x+7) into every x in the g(x) equation, so g(x)=(x+7)^2 - 1. then you simplify it by doing (x+7)(x+7) which gets you x^2 + 14x + 49. then you subtract the 1 from the equation to get g(f(x))=x^2 + 14x + 48.

6 0
3 years ago
Read 2 more answers
Am I correct? ( top question)
EastWind [94]

Answer:

72

Step-by-step explanation:

<1 and <2 are not equal to each other

Let the angle  directly above angle 2 (on the right side of the line) be angle 3

<1 and <3 are corresponding angle, which means they are equal

<2 and <3 are supplementary angles since the form a line

<2 + <3 = 180

We know <1 = <3

<1 + <3 = 180

We are given <1 = 2x+12  and <2 = 3x+18

2x+12 + 3x+18 = 180

Combine like terms

5x+30 = 180

Subtract 30 from each side

5x+30-30 = 180-30

5x= 150

Divide each side by 5

5x/5 = 150/5

x=30

<1 = 2x+12

Substitute 30 in for x to find angle 1

   = 2*30 +12

   =60+12

  = 72

6 0
3 years ago
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