13,500 at 5.2 for 8 years compounded semi-annually.
Total = Principal * (1 + rate/n) ^n * years
where "n" = number of compounding periods per year.
Total = 13,500 * (1 + .052 / 2) ^ 2 * 8
Total = 13,500 * (1.026) ^ 16
Total = 13,500 * 1.5078487226
Total = 20,355.96
Source
1728.com/compint3.htm
Step-by-step explanation:
divide 63 from 9
=the answer is 7
Answer:The answer is D(-5,7)
Step-by-step explanation:
Just took the test
Answer:
The relationship of the number of months and the total amount paid is proportional for both Hanks and Lynn.
Step-by-step explanation:
Let us divide the equation into 2 parts.
Hanks
Hank paid $2000 up front when he bought the car and he pays $200 every month. Therefore, the total amount paid (y) and the number of month (x)can be expressed as follows.
Let
x = number of month
y = total amount paid
y = 2000 + 200x
The relationship between amount paid and the number of months is proportional
Lynn
She did not paid anything upfront but she paid $275 every month. Therefore,
x = number of month
y = total amount paid
y = 275x
This relationship between amount paid and number of month is directly proportional
Answer:
20/18
Step-by-step explanation: