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Leno4ka [110]
3 years ago
12

You borrowed $59,000 for 2 years at 11% which was compounded annually. What

Mathematics
1 answer:
gayaneshka [121]3 years ago
6 0

Answer:

$72693.9

Step-by-step explanation:

To get this answer you need to use the compound interest formula, which will be A=P(1+r/n)^n(t). P=59,000 r=11%=0.11 n=1 (annually) t=2 years. From there you should be able to figure the rest out and get the answer. Hope this helps!

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Divide line segments
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tis noteworthy that the segment contains endpoints of A and C and the point B is in between A and C cutting the segment in a 1:2 ratio,

\bf \textit{internal division of a line segment using ratios} \\\\\\ A(-9,-7)\qquad C(x,y)\qquad \qquad \stackrel{\textit{ratio from A to C}}{1:2} \\\\\\ \cfrac{A\underline{B}}{\underline{B} C} = \cfrac{1}{2}\implies \cfrac{A}{C}=\cfrac{1}{2}\implies 2A=1C\implies 2(-9,-7)=1(x,y)\\\\[-0.35em] ~\dotfill\\\\ B=\left(\frac{\textit{sum of "x" values}}{\textit{sum of ratios}}\quad ,\quad \frac{\textit{sum of "y" values}}{\textit{sum of ratios}}\right)\\\\[-0.35em] ~\dotfill

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