9514 1404 393
Answer:
$2038.85
Step-by-step explanation:
The value of the loan at that point is given by ...
A = P(1 +rt) . . . . . Principal P, rate r, time t (years)
A = $1850(1 + 0.1225·(10/12)) = $2038.85
Ricardo will have paid back $2038.85 at the end of the loan period.
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<em>Additional comment</em>
We assume that the loan accrues simple interest and that the amount due is the sum of principal and interest at the end of the loan period.
The question is not specific as to whether interest compounds, or whether intermediate (monthly) payments are made. There are many possible ways the loan could be repaid, generally involving different amounts for the different terms.
7
Clocks can display up to the number 59 (60 minutes in an hour). If you list all of the perfect squares that are under 59, you will find that there is 7 of them: 1, 4, 9, 16, 25, 36, and 49.
Answer:
36x^2 + 24x + 4
Explanation:
The perfect square has the following general formula:
(a + b)^2 = a^2 + 2ab + b^2
Now, we will expand the given perfect square based on the above general formula:
(6x + 2)^2 = (6x)^2 + 2(6x*2) + (2)^2
= 36x^2 + 24x + 4
Hope this helps :)
