Assuming annual compounding, then:
FV=15000*(1+.035)^15
FV=15000*1.6753488307521611831782355996538
FV=$25130.23
At the end of 15 years, Tom should have $25130.23 in his account.
<span>Calling the company that holds the car loan and asking them about other repayment options is the best tactic. This allows the loan holder to negotiate terms that would be acceptable to both sides, as well as showing that Angela is trying to make a good-faith effort to repay what she can. While it may increase the overall length of time that her payments require, it also shows that she is not going to outright default on the payments.</span>
Answer:
7/5
Step-by-step explanation:
To solve this problem we will use the formula to find the slope of a line given two points (x₁, y₁), (x₂, y₂)
The formula is:
So, we're going to use the points (2,5), (-3, -2) in this formula.
Therefore, the slope is 7/5
0.8 is greater than 0.08, the reason for that is that 0.8 is equal to 8/10=80/100 and 0.08 is equal to 8/100. As a percentage, 0.8 would be 80% and 0.08 would be equal to 8%.
Answer:
the answer of this question is given in above picture, look
