Assuming the loan is as described, seven-year loan, which means that Kyle does not repay a cent before seven years.
This is a compound interest problem where n=7 years, interest rate i=0.05, and present value P=8000.
At the end of seven years, Kyle will have to pay
Future value = F = P(1+i)^n = 8000(1.05)^7 = 11256.80 (to the nearest cent)
Answer:
one property of log is that if the log expressions have the same base (in this case, 2), then you can multiply the added logs.
The answer would then be D
Answer:
Step-by-step explanation:
Answer:The equation for inverse proportion is x y = k or x = k/ y. Therefore, for finding the value of the constant k, you can use the known values and then use this formula to calculate all the unknown values.
Step-by-step explanation:
Absolute value function:
- |x| = x when x >= 0.
- |x| = -x when x < 0.
Swim 3 feet under water => |-3|
Stand 20 feet above => |20|
Using the absolute value function,
we have |-3| = 3 and |20| = 20.
Since 3 is less than 20, |-3| < |20|. (C)
Answer:
$32.00
Step-by-step explanation:
$70 X .35 = $24.50 sneaker discount
$30 X .25 = $7.50 shirt discount
$24.50 + $7.50 = $32.00
