First, determine the effective interests given both interest rates.
(1) ieff = (1 + 0.068/12)^12 - 1 = 0.07016
(2) ieff = (1 + 0.078/12)^12 - 1 = 0.08085
Calculating the interests will entail us to use the equation,
I = P ((1 + i)^n - 1)
Substituting the known values,
(1) I = ($5125)((1 + 0.07016)^1/2 - 1)
I = $176.737
(2) I = ($5125)(1 + 0.08085)^1/2 - 1)
I = $203.15
a. Hence, the greater interest will be that of the second loan.
b. The difference between the interests,
d = $203.15 - $176.737
$26.413
Answer:
5
Step-by-step explanation:
congruent means sides are equal
Answer:
A. <2
B. <3
Step-by-step explanation:
The remote interior angles are just the two angles that are inside the triangle and opposite from the exterior angle
Remote interior angles of <1 are <2 and <3
Answer:
The answer is x=0.97 while y=3.90
The toppings would still cost 0.50 each (since it is just toppings)
The large pizza costs $18 if you do not have any toppings
The medium costs half of the large
18/2 = 9
The medium costs $9 without any toppings, so your new equation will be:
c = 0.50t + 9
hope this helps
