For t=0
<span>Allan borrows--------------------------- > 1870 dollars
for t=6 years
</span>F1 = P*(1 +(r/m))^n
i=r/m
n=m*t---------- >1*6=6
we have
P1=1870
r=8%
m=1
t=6 years
F1 = 1870*(1 +(0.08/1))^6------------------ >2967.45 dollars
for t=2
Allan borrows--------------------------- > 1240 dollars
for t=6 years
F2 = P2*(1 +(r/m))^n
i=r/m
n=m*t---------- >1*4=4
we have
P2=1240
r=8%
m=1
t=4 years------------> (6-2)=4 years
F2 = 1240*(1 +(0.08/1))^4------------------ >1687 dollars
F1+F2=2967.45+1687=4654.45 dollars
the answer is 4654.45 dollars
Answer:
12
Step-by-step explanation:
do the math
Answer:
3/4 of a mile
Step-by-step explanation:
1/3x = 1/4
x = 1/4 * 1/3
x = 3/4
Answer:
this is an example
Step-by-step explanation:
There are a few different ways to approach this problem, including the following two methods.
1) Find 20% of the original price, then subtract that amount from the original price.
To find a percentage of a number, you multiply the number by the percentage. (You are finding a part of a whole.)
20% = 20/100 = 1/5 or 20% = 0.20
Original Price: $24 Find 20% of $24. (Note: "of" is taking part of a whole, so you multiply.)
0.20 x 24 = 4.80 This is the mark down, or the amount you subtract from original price.
Sale Price = Original Price - Mark Down
= 24.00 - 4.80
= 19.20
2) If you save 20%, you are still paying 80%. (100-20 = 80) Therefore the sale price is 80% of the original price.
80% = 80/100 = 4/5 or 80% = 0.80
Sale Price = 80% of Original Price
= 0.80 x 24
= 19.20
