Answer:
$4,027.51
Step-by-step explanation:
Use the formula P*e^(r * t)
P = principal amount
e = the constant e
r = rate
t = time, in years
2,000 * e ^ (0.07 * 10)
2,000 * e ^ (0.7) ≈ 4,027.51
6x9 + 3^2pi would be the area so 54+9pi=57.14
The value of the function is 4 when x=3.
That would be 1/5 in simplest form you can divide both numbers by 12 and when you do you get 1/5. Hope this helps!
Answer:
The loan will be paid after 39 monthly installments.
Step-by-step explanation:
Since I am paying off a student loan in monthly installments, and after the 4th payment the remaining balance is $ 13,900, while after the 5th payment my remaining balance is $ 13,500, to determine the amount of payments in which the loan was agreed I must perform the following calculation:
13900 - 13500 = 400
400 x 5 = 2000
2000 + 13500 = 15500
15500/400 = 38.75
Thus, the loan will be paid after 39 monthly installments.