Answer: 1902.36
Step-by-step explanation:
When interest is compounded monthly , the formula to find the accumulated amount is
, where P = principal value , r = rate of interest , t = time.
As per given,
r= 24% = 0.24
P= $1500
t= 1 year
Put all value in formula , we get

Hence, he need to pay $1902.36.
Answer:
Socratic app
Step-by-step explanation:
it will help you
Answer:
A
Step-by-step explanation:
Difference of squares: (a^2 - b^2) = (a - b)(a + b)
(144x^2 - 49) = (12x - 7) (12x + 7)
Let the number be x.
x/3 + 12 = 46
Subtract 12 from both sides and you will get:
x/3 = 34
Multiply both sides by 3:
x = 102