Answer:
<u>The correct answer is C. It is the original amount of money the bank loans the borrower.</u>
Step-by-step explanation:
Let's recall that are five basic elements for calculating the payment of a loan:
1. The principal. How much money you borrow.
2. The interest rate. How much money you will pay in addition to the principal.
3. The period of time. How long will it takes you to pay the loan.
4. The frequency of payment. Will you pay every month?, every quarter?, every year or maybe every two weeks?
5. Additional payments. When you have additional income seasonally and you want to lower either the period of time or the interests to pay.
Answer:
Step-by-step explanation:
To calculate simple interest use the following formula
Presentvalue(1+it)
where i=interest
t=time
We can easily plug in our values and solve for the answer
11180(1+0.043*3)
Put this into a calculator and get £12622.22
Answer is D if the function W is graphed find and interpret the slope of the function
Answer:
8.4 * 10^6
Step-by-step explanation:
8.4 * 10^6
1 million = 1 * 10^6
8 million 4 hundred thousand is 8.4 * 10^4 because this number is 8.4 times bigger than a million.
Answer:
The new position of the bird is 1 ft below surface of pond.
Step-by-step explanation:
- Position of water bird after 15ft dive:
11-15= -4ft
- Position of water after rising 3 feet:
-4+3= -1ft
Therefor it id 1ft below the surface of the pond