The correct answer would be 41
Answer:
Compound interest =$14.58
Simple Interest=$14.79
Step-by-step explanation:
Let's assume the interest rate charged on the loan was simple in nature.
-Simple interest is calculated using the formula:

Hence, the simple interest on the loan was $14.79
#If the interest is compound in nature with just one compounding per year:

Hence, the compound interest charged on the loan is $14.58
Answer:
- attached graph
- Horizontal Asymptote: y = 5
- twon whole number points are (4,4) and (5,1)
Step-by-step explanation:
- Exponential functions have a horizontal asymptote. The equation of the horizontal asymptote
y = -4^(x-4) + 5
= -4^(4-4) + 5
= -4^(0) + 5
= -1 + 5
= 4
y = -4^(x-4) + 5
= -4^(5-4) + 5
= -4^(1) + 5
= -4 + 5
= 1
Answer:
when the rest of the variables are held constant
Step-by-step explanation:
Answer:
from my understanding te correct time will be at 10:15am
Step-by-step explanation: