Answer:
C
Step-by-step explanation:
Wallace will pay $6,325 after 6 years.
Given:
Principal = 5,000
interest rate = 4%
Term = 6 years
Compound Interest means that the interest earned will also be earning its own interest.
Compound Interest = Principal x (1+r)^t
C.I. = 5,000 x 1.04⁶
C.I. = 5,000 x 1.265
C.I. = 6,325 TOTAL AMOUNT HE WILL PAY.
6,325 - 5,000 = 1,325 interest for 6 years.
Answer:
x=$5400:8
$5400:8x = total loss after the owners contribution
Answer:
-1
Step-by-step explanation:
2 - 3 = -1
