Assuming the loan is as described, seven-year loan, which means that Kyle does not repay a cent before seven years.
This is a compound interest problem where n=7 years, interest rate i=0.05, and present value P=8000.
At the end of seven years, Kyle will have to pay
Future value = F = P(1+i)^n = 8000(1.05)^7 = 11256.80 (to the nearest cent)
Answer:
15.7
Step-by-step explanation:
3.14(5)
C=16h
C, the total cost is equal to 16 dollars per hour, h
Answer:Number Sets. There are sets of numbers that are used so often they have special names and symbols: ... The numbers you can make by dividing one integer by another (but not dividing by zero). In other words ... If you square a real number you always get a positive, or zero, result. ... x + 7 = 0, x = −7, Integers, set integer.
Step-by-step explanation:
Answer:
y = x/2 + 5
Step-by-step explanation:
y = x/2 + 5
⇒ y = (1/2)x + 5
which satisfies the linear equation y = mx + b
where m is the slope and b is the y-intercept
