Answer:
- after the raise, her salary is $1755 per month
- this is a +17% change from her original salary
Step-by-step explanation:
The multiplier of her original salary to her reduced salary is ...
(1 - 10%) = 0.90
The multiplier of her reduced salary after her raise is ...
(1 +30%) = 1.30
The multiplier of her raised salary from her original salary is ...
(0.90)(1.30) = 1.17 = (1 +17%)
Her salary after the 17% raise is ...
1.17·1500/mo = $1755/mo
The borrower owes $14,760.82 at the end of 8 years
What is compounding interest?
Compounding interest means that earlier interest would earn more interest in the future alongside the loan principal.
Note that in this case the loan continues to accumulate interest because there no repayments, in other words, the loan balance after 8 years, which comprises of the principal and interest for 8 years can be computed using the future value formula of a single cash flow(the single cash flow is the principal) as shown thus:
FV=PV*(1+r/n)^(n*t)
FV=loan balance after 8 years=unknown
PV=loan amount=$5,000
r=annual interest=14%
n=number of times in a year that interest is compounded=2(twice a year)
t=loan period=8 years
FV=$5000*(1+14%/2)^(2*8)
FV=$5000*(1.07)^16
FV=$5000*2.95216374856541
FV=loan balance after 8 years=$14,760.82
Find out more about semiannual compounding on:brainly.com/question/7219541.
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Answer:
a 90° rotation
I'm not sure about answer...
<span>5m + 3n + p -5p + 3n + 2n - m
= 4m + 8n - 4p (combine like terms)
hope it helps</span>
Answer:
Yes.
Step-by-step explanation:
2/12 can be reduced to 1/6
Hope this helps!
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~Courtney
