Answer:
$72,100
Step-by-step explanation:
To calculate the total principal+interest payment, you can use the formula to find the future value:
FV=PV(1+i)^n
FV= Future value
PV= Present value= $58,200
i= Interest rate= 7.40%
n= Number of periods of time= 3 years
Now, you can replace the values on the formula:
FV=58,200*(1+0.0740)^3
FV=58,200*(1.0740)^3
FV=72,100
According to this, the answer is that the total principal + interest payment will be $72,100.
Answer:
2/13 or 15.38%
Step-by-step explanation:
Number of Aces in a deck = 4
Number of 7s in a deck = 4
Number of cards in a deck = 52
Probability of A or 7 = (4 Aces + 4 Sevens) / 52 cards 8 cards / 52 cards
This simplifies to 2/13 or 15.38%
Answer: 41,504.71
Explanation:
It’s compound interest so you get the formula for that which is
A=p(1+r)^t
Fill in the values and change the % into a fraction
A=25,000(1+0.052)^10
Then solve
A=41,504.71
Hope this helped❤️
Answer:
I think it C because I know that Nalia isn't correct so it's not D or B.
