Jason agreed to make 12 payments of $38.50 to buy a new TV so far he has made Seven payments how much more money does Jason owe
1 answer:
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Explanation:
This looks like an essay question with no right answer.
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There are two "special" right triangles:
isosceles 45°-45°-90° triangle with sides in the ratios 1 : 1 : √2
30°-60°-90° triangle with sides in the ratios 1 : √3 : 2
These side lengths give rise to the trigonometric ratios shown below for angles with 30°, 45°, or 60° as reference angles.
Answer:
$1080
Step-by-step explanation:
convert % to decimal by multiplying 3.2%x100=0.032
then multiply by initial amount 3000x0.032
then multiply by 2 because it's compounding semiannual
then multiply by 3 because it's over a 3 yr period
do the same for the quarterly compound but multiply by 4 because it's quarterly
over a 3 yr period the quarterly compounded amount will earn:
$504 more than the account compounded semiannual