9514 1404 393
Answer:
$4717.30
Step-by-step explanation:
Assuming the interest is capitalized only at the start of repayment, the accrued interest is ...
I = Prt
I = ($29,300)(0.0322)(4 +1) = $4717.30
The accrued interest is $4717.30.
Answer:
-22
Step-by-step explanation:
Answer:
416.7pounds
Step-by-step explanation:
Given parameters:
Weight of the small box = 125pounds
Unknown:
Weight of the larger box = ?
Solution:
The large box weighs 
times as the small box:
So;
= 125pounds x 
= 416.7pounds
Answer:
This is a guess!
When looking at the given equation I can not help but think of compound interest. So I am going to convert this into that format.
'~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Within the context of financial interest:
Looking for:
P
(
1
−
x
)
n
Where P is the principle sum,
x
is the interest and n is the number of interest cycles (annual)
'~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Given:
y
=
5100
(
0.95
)
x
But
0.95
=
1
−
0.05
so we have
y
=
5100
(
1
−
0.05
)
x
But
.
0.05
=
5
100
So we have
y
=
5100
(
1
−
5
100
)
x
Thus the percentage change each year is
−
5
%
Step-by-step explanation:
