Interest accumulates whether he pays or not.
If he does not pay, the principal is not reduced, therefore the accumulated amount in 15 months is equal to
Future value = 13000(1+0.036/12)^15
=$13597.45 (to the nearest cent)
Answer:
12.5v+25=130
v=8.4
You can’t visit 8.4 times. So you would need to visit 9 times to get a sufficient amount for a ticket.
Answer:
0.71
Step-by-step explanation:
1st attempt =
%
2nd attempt =
%
To get the average of something, find the sum of the numbers and then divided the sum by the total number of values there are.
⇒ 63 + 79 = 142
⇒ 142 / 2 = 71%
⇒ 71% = .71