Answer:
.07 * 15.25 = 1.0675
Step-by-step explanation:
Answer:
Step-by-step explanation:
We have a circle that is split in three sections, two of which we know and we are asked to find the third missing section.
For the circle, we know that 4/5 and 1/10 is fit. Now we need the last one, to solve, we need to get the same denominator and see how much is missing.
Since 1/10 is our highest denominator, let's change 4/5 to have 10 as a denominator. Which would be through multiplying 5 to get 10.
What times 5 equals 10?
2
Now multiply both numerator and denominator by 2 to get our portion.
Now we have the same denominator, let's add our two fractions and see how much we have left.
8/10 + 1/10
9/10
We have 1/10 missing, therefore 1/10 is the answer.
answer:
mean: 15.8
median: 12
mode: no mode
range: 27
step-by-step explanation:
- first know how to find each of the above and what they are
- mean = (avg) add all the numbers, then divide by the number of numbers
- median = the middle number from increasing order
- mode = the one that repeats the most
- range = the difference between the largest and smallest number
8, 35, 10, 12, 14
<u>mean</u>
8 + 35 + 10 + 12 + 14 = 79
79 / 5 = 15.8
<u>median</u>
- put them from smallest to largest
8, 10, 12, 14, 35
- 12 is the median OR the middle number
<u>mode</u>
- no number repeat, so no mode
<u>range</u>
35 - 8 = 27
The borrower owes $14,760.82 at the end of 8 years
What is compounding interest?
Compounding interest means that earlier interest would earn more interest in the future alongside the loan principal.
Note that in this case the loan continues to accumulate interest because there no repayments, in other words, the loan balance after 8 years, which comprises of the principal and interest for 8 years can be computed using the future value formula of a single cash flow(the single cash flow is the principal) as shown thus:
FV=PV*(1+r/n)^(n*t)
FV=loan balance after 8 years=unknown
PV=loan amount=$5,000
r=annual interest=14%
n=number of times in a year that interest is compounded=2(twice a year)
t=loan period=8 years
FV=$5000*(1+14%/2)^(2*8)
FV=$5000*(1.07)^16
FV=$5000*2.95216374856541
FV=loan balance after 8 years=$14,760.82
Find out more about semiannual compounding on:brainly.com/question/7219541.
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