Answer:
16.4
Step-by-step explanation:
If it is asking for the tenth it will be the 1st one after the point and you round it to the next one.
No it's not_______________
The total amount of interest will Gertrude pay by the time the subsidized Stafford loan is repaid is $2094.80.
<h3>What is compound interest?</h3>
Compound interest is the amount charged on the principal amount and the accumulated interest with a fixed rate of interest for a time period.
The formula for the final amount with the compound interest formula can be given as,
Here, A is the final amount (principal plus interest amount) on the principal amount P of with the rate<em> r </em>of in the time period of <em>t.</em>
Gertrude will graduate four years after taking out the loan. if the loan has an interest rate of 6.8%, compounded monthly, and Gertrude makes monthly payments.
Put the values in the above formula as,
In the 10 years, the refund she gets,
Interest paid by her is,
Thus, the total amount of interest will Gertrude pay by the time the subsidized Stafford loan is repaid is $2094.80.
Learn more about the compound interest here;
brainly.com/question/24274034
A cause and effect relationship exist between two variables, when one
variable event is made to happen by the other variable.
The situation which best shows causation is option <u>B) The amount of time a </u>
<u>cell phone is used affects the charge of the battery</u>.
Reasons:
Causation is the condition in which the occurrence of an event is caused by
or contributed to by another event. Such that the incident or observation
identified as the cause is responsible for the event, while the the
occurrence of the event depends on the cause being put in place.
- Option A) A rectangle of a given width can have different dimensions of length
- Option C) Milkshakes and ice cream bars can have different customer base, such that the number of milkshake and ice cream bars sold can be equal
- Option D) The balls used in a soccer match are provided by the officials of the game
Therefore;
- The situation which shows causation is B) <u>The amount of time a cell phone is used affects the charge of the battery</u>.
The option is correct because, a cell phone is powered by battery, and
therefore, the more the cell phone is used, the battery power is used up
and therefore, the charge on the battery is reduced.
Learn more here:
brainly.com/question/18404964
