3(q-7)=273(q−7)=27 find q
1 answer:
You might be interested in
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.
Male 0.271 0.198
Female 0.229 0.302
I think that's right because that's what my quiz said
Female 0.229 0.302
I think that's right because that's what my quiz said