Answer:
-5,3
Step-by-step explanation:
Answer:
y=-6
Step-by-step explanation:
2800 x 0.07 = 196
2800 + 196 = 2996
Total paid = $2996
You can use this app on google for it to show the work just type in... long division calculator
Answer:
9.42 years (= 113 months)
Step-by-step explanation:
Use the compound rate interest formula:

where:
- A = amount
- P = principal
- r = interest rate (in decimal format)
- n = number of times interest is compounded per unit t
- t = time
Given:
- A = $7850
- P = $5000
- r = 4.8% = 0.048
- n = 12
- t = years




Take natural logs:




