you deposit $5,000 in an account that pays 6% annual interest. find the balance after 5 years when the interest is compounded qu
1 answer:
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Answer:
9.68%
Step-by-step explanation:
cost of car = $35,000
down payment = $3,000
number of monthly instalments= $65
amount in every monthly instalment= $539.99
total monthly payment= 65×539.99= 35099.35
amount to be paid apart from downpayment= $35,000-3000= 32,000
therefore total interest paid in 65 months= 35099.35-3200= $3099.35
now, monthly interest rate
⇒ r= 9.68%
Answer: D .
Step-by-step explanation:
Given : Jenny studied the characteristics of two species of bacteria. The number of bacteria of species A, A(t), after t hours is represented by the function,
The number of bacteria of species B, B(t), after t hours is represented by the function,
Then, the difference in the number of bacteria, N(t), of both the species after t hours will be :-
Hence, the correct answer should be : D .