Hello from MrBillDoesMath!
Answer:
Interest paid = $ 1,713,568.73
Monthly p[payment = $4913.25
Discussion:
From the "compound interest formula:
A = final amount
P = Initial amount (Principal)
r = yearly interest rate
n = number of years of accumulation.
In our case,
A = 350000( 1 + .052)^35 =
350000 (5.90) = (approx)
$2,063,568.73
Interest = $2,063,568.73 - 350000 = $ 1,713,568.73
There are 35 *12 = 420 months in 35 years. So the monthly payment would be ($2,063,568.73 / 420) = $4913.25
Thank you,
MrB
I believe that the answer is D.
Answer:
It will take 100 songs for the monthly price of Napster to cost the same as iTunes.
Step-by-step explanation:
Let's create two equations to represent iTunes (T(d)) and Napster (N(d)):
T(d)=0.99d
N(d)=0.89d+10
In order for us to find when the two prices will be the same, let's set the equations equal to each other and solve for x:
0.99d=0.89d+10
0.1d=10
d=100
Answer:
The answer is none of the above
Step-by-step explanation:
FJ is the angle bisector of angle F
