Answer:
a) 
b) The balance after 8 years will be of $29,069.
Step-by-step explanation:
Compound interest:
The compound interest formula is given by:

Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per year and t is the time in years for which the money is invested or borrowed.
a)
Loan of $17,500 means that 
6.4% interest rate means that 
Compounded monthly means that
. So



b)
This is A(8). Then

The balance after 8 years will be of $29,069.
Answer:
x=-2, y=-6
Step-by-step explanation:
Simple substitution.
Since y is isolated in one of the equations already, you can plug it into the second equation.
x - 2(3x) = 10
x - 6x = 10
-5x = 10
x = -2
Sub. x = -2 into 3x = y:
3(-2) = y
y = -6
Answer:
744 miles in 12 hours.
Step-by-step explanation:
MATH
Answer:
5 / 28
Step-by-step explanation:
5/7 ÷ 20/5
= 5/7 x 5/20
= (5 x 5) / (7 x 20)
= 25 / 140 (divide numerator and denominator by 5)
= 5 / 28