You want to purchase a condominium and need to borrow $200000 with a 30-year fixed loan with an APR of 8.6. What will be your mo
1 answer:
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Answer:
The certificate will be worth $5,559.92 on Ruth's 19th birthday.
Step-by-step explanation:
The compound interest formula is given by:
Where A is the amount of money, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per unit t and t is the time the money is invested or borrowed for.
In this problem, we have that:
So
The certificate will be worth $5,559.92 on Ruth's 19th birthday.
Answer:
Number 3 is correct.
129.19m
Step-by-step explanation:
You might be wondering how did I got 32⁰, well, that's because they are alternate angles.
Now, we're trying to find the opposite side of the triangle.
Using the laws,
we got cos32⁰=x/243.8
243.8cos32⁰=x
129.19⁰
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