Do you need for both or just one?
EXPLANATION
When x=6 and y=13 x+y = 6 + 13 = 19
x + y = 19
The answer is -420 (negative four-hundred and twenty)
Cash advance = 120
annual interest rate = 30% compounded monthly
<span>
term = 5 years
</span><span>A = P (1 + r/n)^nt
</span>A = future value of the cash advance
P = principal or value of cash advance
r = interest rate
n = times interest is compounded
<span>
t = terms or years</span>
A = 120 (1 + 30%/12)^12 * 5
A = 120 (1 + 0.025)^60
A = 120 (1.025)^60
A = 120 (4.40)
<span>
A = 528
</span>528 total amount including principal.
528 - 120 = 408 total interest paid
I hope this helps!!
