Answer:
A= $19354.71
At the end of 6 years
Step-by-step explanation:
$14,000 loan at an interest rate of 5.4% for 6 years.
Amount to be paid at the end of the six years is
A= p(1+r/n)^(nt)
P= $14000
r= 0.054
t = 6
n = 6*12 = 72
A= 14000(1+0.054/72)^(72*6)
A= 14000(1+ 0.00075)^(432)
A= 14000(1.00075)^(432)
A= 14000(1.38247941)
A= 19354.71
A= $19354.71
How old is her father now? That question has no answer.
Answer:
38
Step-by-step explanation:
substitute the value of the variable into an equation, then simplify
it would be 2 bcs 24/2=12 and 28/2=14