The answer is $1,026.
Solving: Use Simple interest formula, I=Prt.
Make the rate into a decimal (1.6% -> 0.016)
plug in the numbers into the formula. 950 x 0.016 x 5 = 76$.
76$ will be our interest, now to find the balance we would have to add the the starting money (950) with our interest (76$), resulting in our answer of $1,026 after 5 years.
Answer:
x = 0.5
Step-by-step explanation:
hope this helps!
Answer:
Area of the figure = 254.5 cm²
Step-by-step explanation:
<u><em>Area of rectangle = Length × Width</em></u>
<u><em>Area of triangle = 1/2(base × Height)</em></u>
<em>Dividing the figure into parts for convenience</em>
So,
Rectangle 1 (the uppermost):
4 × 6 = 24 cm²
Rectangle 2 (below rectangle 1):
15 × 8 = 120 cm²
Rectangle 3 (with rectangle 2):
11 × 4 = 44 cm²
Triangle 1 :
1/2(7 × 19) = 133/2 = 66.5 cm²
<em>Now adding up all to get the area of the figure:</em>
Area of the figure = 24 + 120 + 44 + 66.5
Area of the figure = 254.5 cm²
Answer:
Annual payument (PMT)= $1,663.19
Step-by-step explanation:
Giving the following information:
Loan (PV)= $250,000
Monthly interest rate (i)= 0.07/12= 0.005833
Number of periods (n)= 12*30= 360 months
<u>To calculate the monthly payment, we need to use the following formula:</u>
Annual payument (PMT)= (PV*i) / [1 - (1+i)^(-n)]
Annual payument (PMT)= (250,000*0.005833) / [1 - (1.005833^-360)]
Annual payument (PMT)= $1,663.19
Answer:
downwards
Step-by-step explanation:
the equation of a parabola in vertex form is
f(x) = a(x - h)² + k
where (h, k ) are the coordinates of the vertex and a is a multiplier
• if a > 0 then parabola opens upwards
• if a < 0 then parabola opens downwards
for
f(x) = - 4(x - 3)² + 9 with a = - 4 < 0 , then
the parabola opens downwards
