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:
f(x) = x² + 2x + 1
Step-by-step explanation:
you know how to multiply 2 expressions ?
let's say in general we have
(a + b)(c + d)
you take one part of one expression and multiply it with all parts of the other expression, then you take the second part of the first expression and multiply it with all parts of the other expression, then a potential third part, then a fourth part and so on, and you add all these things together (well, depending on the actual signs, of course).
so, we get for this simple generic example
a×c + b×c + a×d + b×d
now we use that understanding for our question here.
(x+1)(x+1) = x×x + 1×x + x×1 + 1×1 = x² + x + x + 1 = x² + 2x + 1
Solution: We are given:
μ=3.1,σ=0.5,n=50
We have to find P(Mean <2.9)
We need to first find the z score
z= (xbar-μ)/(σ/sqrt(n))
=(2.9-3.1)/(0.5/sqrt(50))
=(-0.2)/0.0707
=-2.83
Now we have to find P(z<-2.83)
Using the standard normal table, we have:
P(z<-2.83)=0.0023
Therefore the probability of the sample mean being less the 2.9 inches is 0.0023
You can subtract 78.2 from 287 to get the x value alone. Your new expression will look like this:
.5x=208.8
Next you divide by .5 (or multiply the reciprocal 1/.5 depending on how you were taught)
x=417.6
Hope that helps!!