The answer is to the question is D) on
The Cell wall works like a Barrier that prevent sickness to enter <span />
3 years have passed since I was alone Even the cityscape has changed But why are you leaving only the unskilled There is no really good guy Remove the matching ring I'm sorry It looks like an idiot even if you wait No no no no no I like you too much No matter how strong the liquor is Undistorted memories are like idiots There is no really good guy Remove the matching ring I'm sorry What's this tear like an idiot
Unethical Because it's not right
I think that the question you are trying to ask is . . . A college student takes out a $7500 loan from a bank. What will the balance of the loan be after one year(assuming the student has not made any payments yet)
a. if bank charges 3.8% interest each year ?
b. if the bank charger 5.3% interest each year ?
Answer:
(a) $7785
(b) $7897.5
Step-by-step explanation:
Given:
Loan = $7500
We need to find the balance of the loan be after one year(assuming the student has not made any payments yet).
The formula for amount or loan is
A = P( 1 + r)^t .... (1)
where, P is principle, r is rate of interest and t is time in years.
(a) If bank charges 3.8% interest each year.
r = 3.8% = 0.038
Substitute P=7500, r=0.038 and t=1 in equation (1).
A = 7500 (1 + 0.038)^1
A = 7500 (1.038)
A = 7785
Therefore, the balance of the loan be after one year is $7785.
(b) If the bank charger 5.3% interest each year.
r = 5.3% = 0.053
Substitute P=7500, r=0.053 and t=1 in equation (1).
A = 7500 (1 + 0.053)^1
A = 7500 (1.053)
A = 7897.5
Therefore, the balance of the loan be after one year is $7897.5.
