Sasha borrows $100 at 12% simple interest, to be paid back in 3 months. How much does she pay back
1 answer:
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Step-by-step explanation:
i = interest 3% for 30 years
This is a simple dynamical system for whom the the solutions are given as
putting values we get
S=2000[\frac{(1.03)^{30}-1}{0.03}](1.03)
= $98005.35
withdrawal of money takes place from one year after last payment
To determine the result we use the present value formula of an annuity date
we need to calculate R so putting the values and solving for R we get
R= $6542.2356
Answer:
Step-by-step explanation:
We have been given that Niu has decorated x cards. He started with 24 stickers and he used 4 stickers per card. So stickers used in x cards will be 4x.
As initial number of stickers was 24, so we can find number of stickers left after decorating x cards by subtracting number of stickers used in x cards from 24.
Therefore, the expression will represent the number of stickers that Niu has left after decorating x cards.