Answer: $139390 must be paid back.
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1 + r/n)^nt
Where
A = amount to be played back at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount borrowed.
From the information given,
P = 41000
r = 8.5% = 8.5/100 = 0.085
n = 1 because it was compounded once in a year.
t = 15 years
Therefore,
A = 41000(1 + 0.085/1)^1 × 15
A = 41000(1 + 0.085)^15
A = 41000(1.085)^15
A = $139390
Answer:
m= -1
Step-by-step explanation:
Order summands
2
Apply negation to the value inside parentheses
3
Add the numbers
4
Add
mm
to both sides of the equation
5
Simplify
Answer:
Slope (m) =ΔY
/ΔX
=-3/
1
=-3
n slope = -3
From equation [<u>-2</u>x-8]
m slope = -2
so B) m>n
Step-by-step explanation:
Answer:
full arrow going left from 46
Step-by-step explanation:
14 divided by 5 is 2.8 and 2.8 you can change 2.8 to 28/10 simplify that to 14/5 and turn it to a mixed number you get 2 4/8
