Answer:
The total cost was $ 15,042.52, and the interest percentage applied on the loan was 8.22%.
Step-by-step explanation:
Given that to purchase $ 13,900 worth of lab equipment for her business, Amy made a down payment of $ 1900 and took out a business loan for the rest, and after 3 years of paying monthly payments of $ 365.07, she finally paid off the loan to determine the total cost and interest applied on the loan, the following calculation must be made:
(365.07 x 12 x 3) + 1900 = Total cost
4,380.84 x 3 + 1900 = Total cost
13,142.52 + 1900 = Total cost
15,042.52 = Total cost
13900 = 100
15042.52 = X
15042.52 x 100/13900 = X
1,504,252 / 13,900 = X
108.22 = X
Therefore, the total cost was $ 15,042.52, and the interest percentage applied on the loan was 8.22%.
Answer:
X1=-4+4i
X2=-4-4i
Step-by-step explanation:
X^2+8x+32=0
Δ=b^2-4ac=8^2-4(32)=-64<0
X1=(-b-i√Δ) /2a=(-8-8i)/2=-4-4i
X2=(-b+i√Δ) /2a=(-8+8i)/2=-4+4i
Answer:
x = 1.02.
Step-by-step explanation:
The x is a factor worked out from the annual interest written as a decimal fraction.
So we have 2% = 2/100 = 0.02.
The amount at the end of the first year is $100 + 0.02*100
= $100* 1.02, and in the second year it will be $100* 1.02^t where t = 2 and so on.
So we see that x in the given expression is 1.02.
Answer:
C is correct
Step-by-step explanation:
Answer:
can you re-upload the picture its blurry
Step-by-step explanation:
