Answer:
$25,193.17
Explanation:
Given:
• Principal Felipe borrowed, P=$8000
,
• Annual Interest Rate, r=16.5%=0.165
,
• Compounding Period, k=12 (Monthly)
,
• Time, t=7 years
We want to determine how much he will owe after 7 years.
In order to carry out this calculation, use the compound interest formula below:
Substitute the values defined above:
Finally, simplify and round to the nearest cent.
After 7 years, Felipe will owe $25,193.17.
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Do you mean (2/3) times 3X or is x a multiplication symbol
Here's what I did and I checked it So it is correct!!
25% is your answer.
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I hope that helps you!! Any more questions please feel free to ask!!
If the number is x, then:
6x+1= (x-1)^2
Now we just need to simplify it
6x+1=(x-1)*(x-1)
6x+1=x^2-2x+1
8x=x^2
8=x
The number is 8.
To check the answer
6*8+1=7^2
49=49
correct :)
