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Dimas [21]
3 years ago
5

Please help me math guy thanks

Mathematics
1 answer:
geniusboy [140]3 years ago
7 0

Answer:

$1013.42

Step-by-step explanation:

This one would be similar to the previous.

Initial investment, P = 800

Annual Interest rate, r = 12%

Number of compouding in a year, n = 4

Time Period, t = 2 years

Using formula:

Future value,

A = P(1+r/n)^(nt)

= 800 (1+0.12/4)^(4*2)

= 800 (1.03)^(8)

= 1013.42 (to the nearest cent)

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Answer:

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Step-by-step explanation:

let the automobile installment credit be 'C'

Given:.

Automobile installment credit accounted for 36 percent of all outstanding consumer installment credit

Now,

57 billion is \frac{1}{3} of automobile installment credit

or

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or

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or

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now,

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Hence, the correct answer is option (c) 475

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vova2212 [387]

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