Answer:
Angle A = Angle X
Line Segment CA = Line Segment ZX
Angle Y = Angle B
Line Segment YX = Line Segment BA
Step-by-step explanation:
Both triangles are stated to be equal so we can draw two triangles and label them. One triangle has Point A, Point B, and Point C. The second triangle has Point X, Point Y, and Point Z. Make sure that Point X on the second triangle is in the same spot as Point A on the first triangle (same for points B, C, Y, and Z).
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Step-by-step explanation:
If he starts paying after four years, the worth of the loans by then is b. $31,616.16
<h3>What is a Loan?</h3>
This refers to the amount collected from a lender to be repaid after a given time, usually with added interest.
Hence, we can see that:
The effective monthly interest rate is:
i = 0.053/12 = 0.0044
The effective annual interest rate is:
i = (1 + 0.0044)^12 -1 = 0.0543
The present worth of all the loans is:
P = 6125 + 6125 (1 + 0.0543)^-1 + 6125 (1 + 0.0543)^-2 + 6125(1 + 0.0543)^-3
P = $22,671.40
If he pays them prompty, then the total lifetime cost would be
P = 22671.40 (1 + 0.0543)^4 = $31,616.16
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