Answer:
C.
Step-by-step explanation:
Simply multiply 50 by 3/8
The borrower owes $14,760.82 at the end of 8 years
What is compounding interest?
Compounding interest means that earlier interest would earn more interest in the future alongside the loan principal.
Note that in this case the loan continues to accumulate interest because there no repayments, in other words, the loan balance after 8 years, which comprises of the principal and interest for 8 years can be computed using the future value formula of a single cash flow(the single cash flow is the principal) as shown thus:
FV=PV*(1+r/n)^(n*t)
FV=loan balance after 8 years=unknown
PV=loan amount=$5,000
r=annual interest=14%
n=number of times in a year that interest is compounded=2(twice a year)
t=loan period=8 years
FV=$5000*(1+14%/2)^(2*8)
FV=$5000*(1.07)^16
FV=$5000*2.95216374856541
FV=loan balance after 8 years=$14,760.82
Find out more about semiannual compounding on:brainly.com/question/7219541.
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Let's solve this problem step-by-step.
STEP-BY-STEP SOLUTION:
Let's first write down the equation we are going to solve.
( 1 / 3 )h - 4 [ ( 2 / 3 )h - 3 ] = ( 2 / 3 )h - 6
To begin with, we will expand the brackets => [ ]
( 1 / 3 )h - ( 8 / 3 )h + 12 = ( 2 / 3 )h - 6
Next we will collect like terms by placing all the individual numbers on the right-side of the equation and the terms with ( h ) on the left-hand side of the equation so that we can begin making ( h ) the subject.
( 1 / 3 )h - ( 8 / 3 )h - ( 2 / 3 )h = - 6 - 12
Then we will simplify both the left-hand side and right-hand side of the equation to solve it for ( h ).
( - 9 / 3 )h = - 18
- 3h = - 18
h = - 18 / - 3
h = 18 / 3
h = 6
FINAL ANSWER:
Therefore, the answer is:
h = 6
Hope this helps! :)
Have a lovely day! <3
.
Rates:
Ryan: 1 hole per 5 hours
Castel: 1 hole per 6 hours
.
Let x = time if working together
then
x(1/5 + 1/6) = 1
x(6 + 5) = 30
11x = 30
x = 30/11
x = 2.7273 hours
or
x = 2 hours and 44 minutes
Answer:
5 cm
Step-by-step explanation:
The volume (V) of a cuboid is calculated as
V = lbh ( l is length, b is breadth and h is height )
Here l = 20, h = 12, V = 1200 and b is to be found, thus
20 × b × 12 = 1200, that is
240b = 1200 ( divide both sides by 240 )
b = 5