Given that loan amount P=20000
Interest rate r=5% = 0.05
Time of loan t=4 years
Now to find the interest amount we just plug those values into formula
simple interest = P × r × t
simple interest = 20000* 0.05* 4
simple interest = 1000 * 4
simple interest = 4000
Hence final answer is choice b. $4000.
F(-1)=2
F(2)=-1
F(3)=-3
The f(x) part is the input and the stuff after is the output
Answer:
the stock will sell for $59.16
Step-by-step explanation:
P0 = 2 * (1+0.2) / (1+0.105) + 2 * (1+0.2) * (1+0.12) / (1+0.105)^2 +
2*(1+0.2)*(1+0.12)^2 / (1+0.105)^3 +
[(2 * (1+0.2) * (1+0.12)^2 * (1+0.06) / (0.105-0.06)) / (1+0.105)^3 ]
P0 = $59.16
x-2y = -2
x-2(-3x+8)=-2
mutiply the bracket by -2
(-2)(-3x)=6x
(-2)(8)=-16
x+6x-16=-2
7x-16=-2
move -16 to the other side
sign changes from -16 to +16
7x-16+16=-2+16
7x= -2+16
7x= 14
divide both sides by 7
7x/7=14/7
x=2
Find y by using the substitution method
y=-3x+8
y=-3(2)+8
-6+8
=2
Answer:(2,2)
