The location to the nonegative abscissa, positive ordinate is in the Q1 it means it is in the fisrt quadrant as seen in the next image: http://www.mathnstuff.com/math/spoken/here/1words/q/q2.htm
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That would be the last choice. Opposite meaning different sign
Answer:
15000(1.003425)^12t ;
4.11%
4.188%
Step-by-step explanation:
Given that:
Loan amount = principal = $15000
Interest rate, r = 4.11% = 0.0411
n = number of times compounded per period, monthly = 12 (number of months in a year)
Total amount, F owed, after t years in college ;
F(t) = P(1 + r/n)^nt
F(t) = 15000(1 + 0.0411/12)^12t
F(t) = 15000(1.003425)^12t
2.) The annual percentage rate is the interest rate without compounding = 4.11%
3.)
The APY
APY = (1 + APR/n)^n - 1
APY = (1 + 0.0411/12)^12 - 1
APY = (1.003425)^12 - 1
APY = 1.04188 - 1
APY = 0.04188
APY = 0.04188 * 100% = 4.188%
5 7 12 16 18 24 12 and 16 are in the middle. Add 12 and 16 and then divide by 2 (28/2)= 14
7 is 35% out of 20, when you divide 7 by 20, you get 0.35 which is 35%.