Answer:
It's B
Step-by-step explanation:
2 times 5 = 10
0.8 times 5=4
10 + 4 =14
14-3=11
Answer:
D. $31,337.27
Step-by-step explanation:
We have that the initial amount of the loan is $5500.
Miranda took the loan for 4 years. So, the total present value is $5500×4 = $22,000.
The rate of interest on the loan is 7.5% i.e. 0.075 and it was for the duration of 10 years.
Also, it is given that the loan was compounded annually.
We have the formula as,

i.e. ![PV=\frac{P\times [1-(1+\frac{r}{n})^{-t\times n}]}{\frac{r}{n}}](https://tex.z-dn.net/?f=PV%3D%5Cfrac%7BP%5Ctimes%20%5B1-%281%2B%5Cfrac%7Br%7D%7Bn%7D%29%5E%7B-t%5Ctimes%20n%7D%5D%7D%7B%5Cfrac%7Br%7D%7Bn%7D%7D)
Substituting the values, we get,
i.e. ![PV=\frac{P\times [1-(1+\frac{0.075}{12})^{-10\times 12}]}{\frac{0.075}{12}}](https://tex.z-dn.net/?f=PV%3D%5Cfrac%7BP%5Ctimes%20%5B1-%281%2B%5Cfrac%7B0.075%7D%7B12%7D%29%5E%7B-10%5Ctimes%2012%7D%5D%7D%7B%5Cfrac%7B0.075%7D%7B12%7D%7D)
i.e. ![22000=\frac{P\times [1-(1+0.00625)^{-120}]}{0.00625}](https://tex.z-dn.net/?f=22000%3D%5Cfrac%7BP%5Ctimes%20%5B1-%281%2B0.00625%29%5E%7B-120%7D%5D%7D%7B0.00625%7D)
i.e. ![22000=\frac{P\times [1-(1.00625)^{-120}]}{0.00625}](https://tex.z-dn.net/?f=22000%3D%5Cfrac%7BP%5Ctimes%20%5B1-%281.00625%29%5E%7B-120%7D%5D%7D%7B0.00625%7D)
i.e. ![22000=\frac{P\times [1-0.4735]}{0.00625}](https://tex.z-dn.net/?f=22000%3D%5Cfrac%7BP%5Ctimes%20%5B1-0.4735%5D%7D%7B0.00625%7D)
i.e. 
i.e. 
i.e. 
i.e. 
Thus, the total lifetime cost to pay of the loans compounded annually = 261.16 × 120 = $31,339.2
Hence, the total cost close to the answer is $31,337.27
Answer:
8 hours worked, 64 dollars
56 dollars, 7 hours worked
themepark:
5 hours worked, 45 dollars
6 hours worked, 54 dollars
8 hours worked, 72 dollars
working at the themepark earns 5 extra dollars when they work for 5 hours.
Answer:
y divided by 6 1/4 = 11 3/4
Step-by-step explanation:
First, change the mixed numbers into improper fractions:
y divided by 25/4 = 47/4
Next, multiply both sides by 25/4:
y divided by 25/4 x 25/4 = 47/4 x 25/4
The 25/4's on the left side of the equation cancel each other out, leaving you with:
y = 47/4 x 25/4
Multiply 47 x 25 and keep the same denominator:
y = 1,175/4
Divide and:
y = 293 3/4
Answer:
Step 1 should have a -2 substituted for both values.