Answer:
A. $6360, B. He doesn't have enough money.
Step-by-step explanation:
What are the two consecutive integers of square 250?
1 answer:
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The new loan amount is $113,797
What is compound interest?
Compound interest is the interest imposed on a loan or deposit amount. It is the most commonly used concept in our daily existence. The compound interest for an amount depends on both Principal and interest gained over periods. This is the main difference between compound and simple interest.
We can find new loan amount as shown below:
Total amount of loan=4*6,970+4*11,320
=27,880+45,280
=$73,160
Now, we will find new loan amount using compound interest formula.
Amount=
P=$73,160
n=12
t=1 year
r=4.5%=0.045
Putting in formula
Amount
=$113,797.039
Rounding to nearest dollar
=$ 113,797
Hence, new loan amount after one-year grace period is $113.797.
Learn more about Compound Interest here:
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Answer:
I answered it using pictures because I dont know how else to put the answers down.
Hey there!
I attached an image to make this a lot easier to understand.
I split up the rectangle into four triangles and one rectangle. We are going to find the area of each one individually then add them together.
Also note that there are two pairs of congruent triangles so they will have the same area.
The top and bottom triangles have heights of 2 and lengths of 5. This means their areas are each 5.
The left and right triangles have heights of 6 and lengths of 3. This means their areas are each 9.
The rectangle has a height of 6 and a length of 2. This means its area is 12.
Now we can add together all the areas of the individual pieces.
5 + 5 + 9 + 9 + 12 = 40
So the area is 40 square units.
Hope this helps!
