Answer:
Step-by-step explanation:
So, yearly $2100 is paid, plus the 1.73% interest, so 1.73% interest is $2136.33every year interest stacks on itself so youll take 1.73% of the year 1 total with interest.
Year 1 total: $2136.33
Year 2 total:$2173.29
Year 3 total:$2210.89
Year 4 total:$2249.14
Year 5 total:$2288.05
Total Paid After 5 years:$11057.70
Year 1 total interest:$36.33
Year 2 total interest:$36.96Year 3 total interest:$37.60Year 4 total interest:$38.25Year 5 total interest:$38.91
Total Interest paid after 5 years:$188.05
5 1/4 divided by 1 3/8 in decimal form is 3.818!
The closest benchmark for the percent 45 would be 50% The benchmarks would be 0%, 10%, 25%, 50%, 75% and 100%. The closest would be 50 percent because it's only 5% away
The limits are not numbers, so the asymptote doesn't exist.
9.95(0.75)(1.06)=7.91
The .75 is the coupon and 1.06 is the sales tax.
