Answer:
The answer is no
Step-by-step explanation:
Standard form:
5,098,000
Scientific notation.
1) only 1 digit should be before the decimal point.
5.098000
2) only non-zero number must be part of the coefficient. the rest are included in the base of 10.
5.098 x 10^6 Choice D.
Exponent is the number of times the decimal moved from its original placement to its place after the 1st digit.
Um. i’m pretty sure it’s just 30 feet
Since only the principal value, interest rate and interest period are given, we can deduce that "finance charge" only includes the interest to be paid at the end of the term. This can be obtained by subtracting the principal value from the future value which we will solve for.
The future value can be solved by using the following compound interest formula:
Let:
F = Future value
P = Principal value
r<span> = annual interest rate </span>
n<span> = number of times that interest is compounded per year</span>
t<span> = number of years</span>
F = P(1 + r/n)^nt
Substituting the given values:
F = 4250(1 + 0.1325/12)^(12*2)
F = 5531.54
Subtracting P from F:
Finance charge = 5531.54 - 4250 = 1281.54
Therefore the finance charge is $1,281.54