Well, the interest literally mean the amount that add up to your previous capital that you invest in the past.
If you invest an amount of money and get an interest revenue out of it, the amount of your capital will be increased , not decreased
Answer:
area of circle=πr²=3.14×5²=78.5unit²
Answer:
The amount needed to pay off the loan after 4 years is $70,192
Step-by-step explanation:
When interest is compounded annually, total amount A after t years is given by:
where P is the initial amount (principal), r is the rate and t is time in years.
From the question:
P = $60,000
r = 4% = 0.04
t = 4
The amount needed to pay off the loan after 4 years is $70,192
If we divide the amount by four, we will get the amount that is paid yearly (70192/4 = 17548). $17,548 is paid yearly.
Answer:
Continuous
Step-by-step explanation:
The rate of flow of water down the river is referred to as its speed. Thus the speed changes with respect to the distance covered. Which implies that there is a direct relationship between the distance covered (in miles) by the water flow and time taken (in hours).
The relationship between hours and miles the water traveled is continuous.
Answer:
use blue red blue red
Step-by-step explanation:
