the loan is being amortized, so that doesn't matter for its future value, the simple case that the borrower is paying it in bits monthly.
so, we're really just looking for the future value of the Principal $15000, let's convert theat mixed fraction to improper fraction, and then to a percent format firstly.
![\bf \stackrel{mixed}{2\frac{3}{4}}\implies \cfrac{2\cdot 4+3}{4}\implies \stackrel{improper}{\cfrac{11}{4}}\implies \stackrel{decimal}{2.75} \\\\[-0.35em] ~\dotfill\\\\ ~~~~~~ \textit{Compound Interest Earned Amount} \\\\ A=P\left(1+\frac{r}{n}\right)^{nt}](https://tex.z-dn.net/?f=%5Cbf%20%5Cstackrel%7Bmixed%7D%7B2%5Cfrac%7B3%7D%7B4%7D%7D%5Cimplies%20%5Ccfrac%7B2%5Ccdot%204%2B3%7D%7B4%7D%5Cimplies%20%5Cstackrel%7Bimproper%7D%7B%5Ccfrac%7B11%7D%7B4%7D%7D%5Cimplies%20%5Cstackrel%7Bdecimal%7D%7B2.75%7D%20%5C%5C%5C%5C%5B-0.35em%5D%20~%5Cdotfill%5C%5C%5C%5C%20~~~~~~%20%5Ctextit%7BCompound%20Interest%20Earned%20Amount%7D%20%5C%5C%5C%5C%20A%3DP%5Cleft%281%2B%5Cfrac%7Br%7D%7Bn%7D%5Cright%29%5E%7Bnt%7D)
how did we get 4811/4800? well, is really just the 1+(0.0275/12), which gives us about 1.0022917 but is a repeating decimal, so 4811/4800 is just the fraction version of it.
Answer: D) x - 0.2x
Step-by-step explanation:
The hat has a regular price of x dollars.
This price is reduced by 20% so the relevant expression for the discount is; 20% * x or; 0.2x
The discounted price will be the price of the hat less the discount which means the formula will be;
= Price - discount
= x - 0.2x
Answer:
Step-by-step explanation:
Well you only want the two equations so here they are.
x + y = -7
5*x + y = 1
I should give you the answer.
x = 2
y = -9 I think. These answers were done in my head.
I think 20.10 of 67 is 13.467.
