Cash advance = 120
annual interest rate = 30% compounded monthly
<span>
term = 5 years
</span><span>A = P (1 + r/n)^nt
</span>A = future value of the cash advance
P = principal or value of cash advance
r = interest rate
n = times interest is compounded
<span>
t = terms or years</span>
A = 120 (1 + 30%/12)^12 * 5
A = 120 (1 + 0.025)^60
A = 120 (1.025)^60
A = 120 (4.40)
<span>
A = 528
</span>528 total amount including principal.
528 - 120 = 408 total interest paid
I hope this helps!!
Answer:
x+3=14
x=14-3
Step-by-step explanation:
Answer:<u> 19 1/4 mph</u>
To find miles per hour divide the miles by the hours:
(12 5/6)/(2/3)
= (77/6)(3/2)
= 77/4
= 19 1/4 mph
Step-by-step explanation:
PLS MARK AS BRAINLIEST
Step-by-step explanation:
the explanation is in the image
