The total amount due in the future (F) for the current loan (P) with compound interest (i) is calculated through the equation,
F = P x (1 + i)^n
where n is the number of years. Substitute to the equation, the values given above,
F = ($500) x (1 + 0.04)^5 = $608.326
Thus, Jenny would pay approximately $608.326.
Answer:
x=-2.8
Step-by-step explanation:
This answer is right if all the numbers are mixed fractions.
Step-by-step explanation:
The answer can be read off the intersection of the graph, which is (1,5), i.e. one unit in x and 5 units in y.
4 up and 6 right
i hope this helped
Answer:
=33
Step-by-step explanation:
