Your question isn’t clear
The answer would b the 3rd option
Answer:
$9,393.78
Step-by-step explanation:
Using the equation:
A = P(1+r)^t
Where,
A = final amount
P = initial amount = $6,600
r = rate of increase = 4% = 0.04
t = time in years = 9 years (2012-2021)
A = 6,600(1 + 0.04)^9
= 6,600(1.04)^9
= 6,600(1.4233)
= 9,393.78
A = $9,393.78
48 pieces of steel can be cut.
<u>Work</u>
60/1.25
48
Answer:
$21,623.70
Step-by-step explanation:
A suitable financial calculator can compute the beginning balance and the remaining balance for you. The attachments show a TI-Nspire calculator's TVM solver app being used to answer this question.
The first attachment shows the computation of the loan value. It is about $37,624.54.
The second attachment shows the computation of the remaining balance after 16 of the 32 semi-annual payments have been made.
The loan balance 8 years from the end of the loan will be about $21,623.70.