Answer:
Amount of loan pay = $6.840 (Approx.)
Step-by-step explanation:
Given:
Amount of loan borrow = $4,500
Rate of interest = 15% = 0.15
Number of year = 3 year
Find:
Amount of loan pay
Computation:
Future value = Present value[1+r]ⁿ
Amount of loan pay = Amount of loan borrow[1+r]ⁿ
Amount of loan pay = 4,500[1+0.15]³
Amount of loan pay = 4,500[1.15]³
Amount of loan pay = 4,500[1.52]
Amount of loan pay = $6.840 (Approx.)
Answer:
Multiply the first equation by 4.
Step-by-step explanation:
4(x+y=3) which gives
4x+4y=12
and
4x-y=7
Then subtract the two equations and the x variable will be eliminated.
Answer:
- 1.6 days (1 3/5 for simplified form).
Step-by-step explanation:
<u>Given equation:</u>
<u>We know that a box survives 1/5 a day.</u>
<u>It will survive 1 3/5 a day in 8 boxes.</u>
-14x+6 is the final expression
