$12,000 for six years at an interest rate of 1.25% what is the maturity value of the loan
1 answer:
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Answer:
1)
2)
3)
4)
Step-by-step explanation:
The quadratic formula is given by:
We can use this formula in order to solve the following equations:
1. x^2 − 2x = 12 → a = 1, b = −2, c = −12
For this case if we apply the quadratic formula we got:
2. 1/2x^2 − 6x = 2 → a = 1 / 2, b = −6, c = −2
For this case if we apply the quadratic formula we got:
3. 2p^2 + 8p = 7 → a = 2, b = 8, c = −7
For this case if we apply the quadratic formula we got:
4. 2y^2 + 3y − 5 = 4 → a = 2, b = 3, c = −9
For this case if we apply the quadratic formula we got: