Answer:
28, 32, 36
Step-by-step explanation:
If you multiply each 7, 8, and 9 by 4 you get 28, 32, and 36. The sum of those numbers is 96.
The borrower owes $14,760.82 at the end of 8 years
What is compounding interest?
Compounding interest means that earlier interest would earn more interest in the future alongside the loan principal.
Note that in this case the loan continues to accumulate interest because there no repayments, in other words, the loan balance after 8 years, which comprises of the principal and interest for 8 years can be computed using the future value formula of a single cash flow(the single cash flow is the principal) as shown thus:
FV=PV*(1+r/n)^(n*t)
FV=loan balance after 8 years=unknown
PV=loan amount=$5,000
r=annual interest=14%
n=number of times in a year that interest is compounded=2(twice a year)
t=loan period=8 years
FV=$5000*(1+14%/2)^(2*8)
FV=$5000*(1.07)^16
FV=$5000*2.95216374856541
FV=loan balance after 8 years=$14,760.82
Find out more about semiannual compounding on:brainly.com/question/7219541.
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Answer:
7x -1 is correct after combining like terms
Step-by-step explanation:
6+8x-7-x
To simplify algebraic expression we combine like terms
In the given expression
-x or -1x are same
8x and -1x are like terms
6 and -7 are also like terms
8x-1x= 7x
6 - 7 = -1
So 7x -1 is correct after combining like terms
Answer:
$43.03
Step-by-step explanation:
18% of $36.43 = $6.60 (6.5574)
$6.60 + $36.43 (price of food without tip)
$6.60 + $36.43 = $43.03
