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marin [14]
3 years ago
15

Suppose you borrow $500 and you plan to pay it back all at once in 5 years. You are charged 2% interest compounded monthly.

Mathematics
1 answer:
Mashutka [201]3 years ago
6 0

Answer: $553

Step-by-step explanation: 500(1.0016666)^60

500(1.10507451358)

552.537256789

$553

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iren [92.7K]

x=2

1:Subtract 2x from both sides.

2:Combine 2/3 x and -2x to get -4/3

3:Subtract 3/8 from both sides. Anything subtracted from zero gives its negation.

4:Multiply both sides by -3/4,the reciprocal of -4/3

5:Multiply − 3/8 ​ times − 4/ 3 ​ by multiplying numerator times numerator and denominator times denominator.

6:Do the multiplications in the fraction −8(−3) over 3x4.

x=24/12

Divide 24 by 12 to get 2.

x=2

​

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2 years ago
What are some advantages and disadvantages to paying with checks?
IceJOKER [234]
One advantage is that you don't have to count out your money when you are cashing in. But one con is that people can forge your signature if you give it to them and their dishonest.
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4 years ago
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Ok im sorry for the ppl who keep answering my questions. I'm trying to get an A in math thank you for helping me!!! also im runn
Alex777 [14]

Answer:

<h2>56.52 {in}^{3}</h2>

Step-by-step explanation:

<em><u>Given</u></em><em><u>,</u></em>

Diameter of the bowl = 6 in

Radius of the bowl = 6 ÷ 2 = 3 in.

Height of the bowl = 2 in.

<em><u>Therefore</u></em><em><u>, </u></em>

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= \pi {r}^{2} h

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= 56.52 {in}^{3} (ans)

8 0
3 years ago
Three less than two times a number is 55. What is the number ?
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29
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if a point is reflected on the x axis, the y coordinate changes. If an object is reflected on the y axis the x coordinate changes

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