Answer:
The last answer is correct.
Step-by-step explanation:
Answer:
(20.60-5)/0.10=156 Papers
Step-by-step explanation:
Answer:
15 + x
Step-by-step explanation:
Answer:
B. 2.75 mph
Step-by-step explanation:
If it took him 2 hours to walk 5.5 miles, 5.5 ÷ 2 = 2.75, which is what he walked in a single hour, meaning he was walking 2.75 mph
Given the formula for future value annuity:
FV of annuity=P[(1+r)^n-1]/r
where:
P=principle
r=rate
n=time
the time taken to repay the loan will be:
1500=90[(1+0.06)^n-1]/0.06
90=90[(1+0.06)^n-1]
1=(1+0.06)^n-1
1+1=(1+0.06)^n
2=1.06^n
introduce natural log
ln2=nln1.06
n=ln2/ln1.06
n=11.8957=12 years
the answer is 12 years.