Answer:a
Step-by-step explanation:
u pick the right one
Given the formula for future value annuity:
FV of annuity=P[(1+r)^n-1]/r
where:
P=principle
r=rate
n=time
the time taken to repay the loan will be:
1500=90[(1+0.06)^n-1]/0.06
90=90[(1+0.06)^n-1]
1=(1+0.06)^n-1
1+1=(1+0.06)^n
2=1.06^n
introduce natural log
ln2=nln1.06
n=ln2/ln1.06
n=11.8957=12 years
the answer is 12 years.
Answer:
a c e
Step-by-step explanation:
<span>(2x3 − 5x − 1) + (4x3 + 8x + 3)
=6x^3 +3x +2
answer is </span><span> b. 6x3 + 3x + 2</span>
