9514 1404 393
Answer:
$2038.85
Step-by-step explanation:
The value of the loan at that point is given by ...
A = P(1 +rt) . . . . . Principal P, rate r, time t (years)
A = $1850(1 + 0.1225·(10/12)) = $2038.85
Ricardo will have paid back $2038.85 at the end of the loan period.
_____
<em>Additional comment</em>
We assume that the loan accrues simple interest and that the amount due is the sum of principal and interest at the end of the loan period.
The question is not specific as to whether interest compounds, or whether intermediate (monthly) payments are made. There are many possible ways the loan could be repaid, generally involving different amounts for the different terms.
A chemical a element js a specific kind of atom
Answer:
x = 1 and y = -2
Step-by-step explanation:
Given that,
2x-3y = 8 ..(1)
4x+3y = -2 ..(2)
Add equation (1) and (2),
2x-3y+4x+3y = 8+(-2)
6x = 6
x = 1
Put the value of x in equation (1).
2-3y = 8
2-8 = 3y
-6 = 3y
y = -2
Hence, the value of x is 1 and that of y is -2.
Answer:
In algebra, like terms are terms that have the same variables and powers. The coefficients do not need to match.
Unlike terms are two or more terms that are not like terms, i.e. they do not have the same variables or powers. The order of the variables does not matter unless there is a power. For example, 8xyz2 and −5xyz2 are like terms because they have the same variables and power while 3abc and 3ghi are unlike terms because they have different variables. Since the coefficient doesn't affect likeness, all
