Answer:
The amount needed to pay off the loan after 4 years is $70,192
Step-by-step explanation:
When interest is compounded annually, total amount A after t years is given by:
where P is the initial amount (principal), r is the rate and t is time in years.
From the question:
P = $60,000
r = 4% = 0.04
t = 4
The amount needed to pay off the loan after 4 years is $70,192
If we divide the amount by four, we will get the amount that is paid yearly (70192/4 = 17548). $17,548 is paid yearly.
Answer:
y = 50x + 25
Step-by-step explanation:
y = mx + b
Answer:
-8k - 15
Step-by-step explanation:
5(-2k-3)+2k
At first, we will break the parenthesis. To break that, we will multiply the value inside the parenthesis by the adjacent number, that is 5. Again, we have to consider the Algebraic operation (Golden rule) -
[(-) x (-) = (+); (+) x (-) = (-)]
Therefore, since there is a minus sign in each of the value inside the parenthesis, the result will be minus as 5 is a positive integer.
or, -5*(2k) - (5*3) + 2k
or, -10k - 15 + 2k
or, -8k - 15 (after the deduction)
The answer is = -8k - 15
Answer:
f(1) = 10
Step-by-step explanation:
Here you can just replace any x with 1.
f(1) = 9(1) - (1)2 + 3(1)
