Answer: 0.036
Step-by-step explanation:
Hello,
Here is your answer:
The proper answer to this question is...."64"!
Here is how:
First translate the problem:
4^3=4×4×4=64
Your answer is 64!
If you need anymore help feel free to ask me!
Hope this helps!
The height should be C.) 400 mm. Hope this helps!! <3
Total = Principal * (1 + (rate/n))^n*years
where "n" is the number of compounding periods per year (in this case it is 365)
Total = 97,000 * (1<span>.0002123288</span>)^365*4
Total = 97,000 * (1.0002123288)^1,460
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=132,247.89
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Source: Compound Interest Formulas:
http://www.1728.org/compint3.htm
Answer:
B. 10 months
Step-by-step explanation:
The balance on the loan will be ...
b = 1600 - 80t . . . . . . where t is the number of months of payments
The balance in the savings account will be ...
s = 500 + 25t
The savings account balance will be at least as much as the loan balance when ...
s ≥ b
500 +25t ≥ 1600 -80t . . . substitute the account balance expressions
105t ≥ 1100 . . . . . . . . . . . . add 80t -500
t ≥ 1100/105 ≈ 10.48 ≈ 10
It will take Josh 10 months to have enough savings to pay the loan in full.
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<em>Comment on rounding</em>
IMO, it makes no sense to round down, as Josh will NOT have enough in 10 months. He will have enough after he makes one more payment of $80. At 10 months, the loan balance is $50 more than the savings balance. It will be 11 months before there is enough savings to pay off the loan.