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Kitty [74]
2 years ago
6

Please help me out on here! Will give brainlest

Mathematics
1 answer:
laiz [17]2 years ago
6 0

Answer:

7)

Step-by-step explanation:

The pattern is: add two more than you did before: starting from 2.

It would be:

1, 3, 7, 13,  21,  31, 43, 57

+2 +4 +6 +8 +10  +12  +14

Now use this to answer the questions.

Hope this helped!

Have a nice day!

(it would be nice if you gave me brainliest)

Thx :)

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Niki makes the same payment every two months to pay off his $61,600 loan. The loan has an interest rate of 9.84%, compounded eve
Alenkasestr [34]
The question is an annuity question with the present value of the annuity given.
The present value of an annuity is given by PV = P(1 - (1 + r/t)^-nt) / (r/t) where PV = $61,600; r = interest rate = 9.84% = 0.0984; t = number of payments in a year = 6; n = number of years = 11 years and P is the periodic payment.
61600 = P(1 - (1 + 0.0984/6)^-(11 x 6)) / (0.0984 / 6)
61600 = P(1 - (1 + 0.0164)^-66) / 0.0164
61600 x 0.0164 = P(1 - (1.0164)^-66)
1010.24 = P(1 - 0.341769) = 0.658231P
P = 1010.24 / 0.658231 = 1534.78
Thus, Niki pays $1,534.78 every two months for eleven years.
The total payment made by Niki = 11 x 6 x 1,534.78 = $101,295.48
Therefore, interest paid by Niki = $101,295.48 - $61,600 = $39,695.48
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3 years ago
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Natalka [10]

Answer:

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£2000 is invested in a bank with 3% interest per annum. work out the amount of money in the account after 2 years
irina [24]

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Step-by-step explanation:

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3 years ago
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hope this will help u

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3 years ago
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