The total amount Ernest owes the bank after 9 months is $1,225.00
How many months of interest would be paid?
The fact the loan was taken for nine months means that the borrower, Ernest needs to pay interest for nine months, in other words, we would time-apportion the annual interest of 30% to determine the 9-month interest as shown below:
9-month interest rate=30%*9/12
9-month interest rate=22.50%
The amount Ernest is owing the bank is the principal borrowed plus the interest for 9 months as computed below:
total amount owed after 9 months=$1000*(1+22.50%)
total amount owed after 9 months=$1000*1.2250
total amount owed after 9 months=$1,225.00
Find out more about borrowing on:brainly.com/question/28188613
#SPJ1
To find the sum of an infinite geometric series having ratios with an absolute value less than one, use the formula, S=a11−r, where a1 is the first term and r is the common ratio.
Answer: 11.25 secs
Step-by-step explanation:
So in this sense the rockets origin or the ground is modeled at h=0 so the time required if used on a table shows that h=0 between the values of 11 and 12. So if you plug and chug decimal values between these two values you get exactly 0 at t=11.25 so it takes approximately 11.25 seconds for the rocket to return to the ground
Explanation:
AB=7
AC=9
You are looking for R
7+9=16
So R is 16
Answer:
$ 48.69
Step-by-step explanation:
Hope this helps give me some stars and a Thank you if its correct!
