Answer:
$21,623.70
Step-by-step explanation:
A suitable financial calculator can compute the beginning balance and the remaining balance for you. The attachments show a TI-Nspire calculator's TVM solver app being used to answer this question.
The first attachment shows the computation of the loan value. It is about $37,624.54.
The second attachment shows the computation of the remaining balance after 16 of the 32 semi-annual payments have been made.
The loan balance 8 years from the end of the loan will be about $21,623.70.
Answer:
Perimeter is 17.07
Step-by-step explanation:
We know that DF = EF = 5 cm, since D and E are the midpoints of AC and AB, both of which are 10 cm in length.
We need to use the Pythagorean theorem to get the length of DE.
So the perimeter of DEF is 5 + 5 + 7.07 = 17.07
Answer:
1/2 and 0.5 is right
Step-by-step explanation:
Answer: $15385 should be deposited.
Step-by-step explanation:
The principal was compounded monthly. This means that it was compounded 12 times in a year. So
n = 12
The rate at which the principal was compounded is 7.8%. So
r = 7.8/100 = 0.078
It was compounded for 4 years. Therefore,
t = 4
The formula for compound interest is
A = P(1+r/n)^nt
A = total amount in the account at the end of t years. The total amount is given as $21000. Therefore
21000 = P (1+0.078/12)^12×4
21000 = P (1+0.078/12)^48
21000 = P (1+0.0065)^48
21000 = P (1.0065)^48
P = 21000/1.365
P = $15385
Answer: 19.2 inches
Step-by-step explanation:
Make a proportion:
4/25 = x/120
cross multiply
480 = 25x
Divide both sides by 25
X= 19.2
