Answer:
You'll be fine.
Step-by-step explanation:
Assuming the loan is as described, seven-year loan, which means that Kyle does not repay a cent before seven years.
This is a compound interest problem where n=7 years, interest rate i=0.05, and present value P=8000.
At the end of seven years, Kyle will have to pay
Future value = F = P(1+i)^n = 8000(1.05)^7 = 11256.80 (to the nearest cent)
Answer:
E
Step-by-step explanation:
AP Classroom says so.
Answer:
Step-by-step explanation:
If you would like me to explain let me know in the comments.
Answer:
we can just plug values in and get x = 9
hope this helps and brainliest please
