The answer is 5 because 10 divided by 2 is 5
Answer: 2.093
Step-by-step explanation: just took it
Answer:
15000(1.003425)^12t ;
4.11%
4.188%
Step-by-step explanation:
Given that:
Loan amount = principal = $15000
Interest rate, r = 4.11% = 0.0411
n = number of times compounded per period, monthly = 12 (number of months in a year)
Total amount, F owed, after t years in college ;
F(t) = P(1 + r/n)^nt
F(t) = 15000(1 + 0.0411/12)^12t
F(t) = 15000(1.003425)^12t
2.) The annual percentage rate is the interest rate without compounding = 4.11%
3.)
The APY
APY = (1 + APR/n)^n - 1
APY = (1 + 0.0411/12)^12 - 1
APY = (1.003425)^12 - 1
APY = 1.04188 - 1
APY = 0.04188
APY = 0.04188 * 100% = 4.188%
Answer: The book costs $10 and the pen costs $4✔️
Step-by-step explanation:
Let B the cost of the book and let P the cost of the pen.
Then we know:
The book and the pen cost $14:
B + P = $14 } Equation 1
We also know:
The cost of the book is two dollars more than twice the cost of the pen.
B = 2P + $2 } Equation 2
Now we can substitute the value of B from the equation 2 in the equation 1:
2P + $2 + P = $14
3P = $14 - $2 = $12
P = $12/3 = $4 , cost of the pen
Since we know the value of B from the equation 2, we can calculate B:
B = 2P + $2 = 2x$4 + $2 = $8 + $2 = $10 , cost of the book
Answer: The book costs $10 and the pen costs $4✔️
<h3>Verify </h3>
We can substitute these values in equations 1 and 2 and check the results:
B + P = $14 } Equation 1
$10 + $4 = $14 ✔️check!
B = 2P + $2 } Equation 2
$10 = 2x$4 + $2 = $8 + $2 = $10 ✔️check!
<h2><em>Spymore</em></h2>
