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Nastasia [14]
3 years ago
11

A loan of $5,000 is charged a 12% annual interest rate. An $80 payment is made each month. a. Write a recurrence relation for th

e loan balance remaining at the beginning of month n. b. Solve the recurrence relation. (See Exercise 27 of Section 2.2 for the formula for the sum of a geometric sequence.) c. How much is left of the loan balance at the beginning of the 19th month?

Business
1 answer:
klemol [59]3 years ago
7 0

Answer:

$4163.57

Explanation:

Please see attachment

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Two stars have the same color, but differ by 5 magnitudes in absolute magnitude. What stellar property must be different in the
EleoNora [17]

Answer:

The property that must be different in both stars is their luminous.

One must be 100 times as luminous as the other

Explanation:

The brightness of a star is measured in terms of apparent magnitude i.e. how bright the star appears from distant (i.e not real brightness). A star may appear 10x bright from afar but it's real brightness is not up to that, this term is referred to as magnitude. While the luminosity of the star is the star's true brightness measured from its place in the universe.

In astronomy, five magnitudes' difference is defined as having a brightness ratio of 100.

5 0
3 years ago
Why is it important to note the exact variety of fresh produce desired, instead of merely noting the type of item needed
V125BC [204]

Answer and Explanation:

There are various reasons to make it significant which are as follows

1. As there are many different varieties are provided in the fresh produce which enables the several options for the manufacturer

2. Now if the items that are on the demanded are to be noted down so this indicates that these are only supplied no innovation is there

3. As it deals in different varieties so there are chances of high varieties in the same kind of product

4. The customer same demand could be met out by providing varieties of products

5. Also if the company offered varieties in the products that attract the customer and the demand could rise

6. With the help pf noting down the company could maximize its sales that result in maximize in its profits

5 0
3 years ago
Which of the following statements is FALSE?A)A rise in the price level lowers real wealth and results in a lower level of consum
Lerok [7]

Answer:

Explanation:

Which of the following is a reason why decreases in the price level result in a rise in aggregate expenditure?

As the price level rises, government spending falls, which lowers aggregate expenditures. ... Price level increases raise real wealth which causes consumption spending and aggregate expenditures to decline. Price level increases cause firms and consumers to hold more money, which raises the interest rate.

4 0
3 years ago
Growers Mart buys one hundred cases of berries from Hilltop Farms. The parties agree that the berries will be transported "F.O.B
77julia77 [94]

Answer:

Grower Mart

Explanation:

("FOB shipping point" or "FOB origin")is a term that stands for from the point of origin.  This means that the buyer incur any risk and takes delivery of  the goods once the seller ships the goods.  The supplier records it as a sale at the point of departure from its shipping dock. meaning that the purchaser pays the shipping cost from the factory or warehouse and gains ownership of the goods as soon as it leaves its point of origin.

When the term "F.O.B. Hilltop Farms" it means it is from the point of origin

6 0
3 years ago
The companny is funded by a government grant miguel works for a
leva [86]

non-profit organization

3 0
3 years ago
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