Step-by-step explanation:
Swap the sides of the equation :
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We want to remove the 17.56 first.
Since the original equation is 17.56 , we are going to use the opposite operation and subtract 17.56 from both sides :
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Simplify. 17.56 - 17.56 = 0 on the left. 30.16 - 17.36 = 12.6 on the right.
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Then, we need to think about how to remove the coefficient 5. Since the opposite of multiplication is division , I am going to divide both sides by 5.
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Simplify. 5/5 = 1 on the left and 12.6/5 = 2.52 on the right. So, Our answer is x = 2.52.
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You still owe 145$
I need 20 characters
Answer:
i dont know it either im in 6th grade...
Step-by-step explanation:
Since only the principal value, interest rate and interest period are given, we can deduce that "finance charge" only includes the interest to be paid at the end of the term. This can be obtained by subtracting the principal value from the future value which we will solve for.
The future value can be solved by using the following compound interest formula:
Let:
F = Future value
P = Principal value
r<span> = annual interest rate </span>
n<span> = number of times that interest is compounded per year</span>
t<span> = number of years</span>
F = P(1 + r/n)^nt
Substituting the given values:
F = 4250(1 + 0.1325/12)^(12*2)
F = 5531.54
Subtracting P from F:
Finance charge = 5531.54 - 4250 = 1281.54
Therefore the finance charge is $1,281.54