Answer:
Interest Charged = $80
Total payback = $480
Step-by-step explanation:
According to the scenario, computation of the given data are as follows,
Present Value (PV) = $400
Time period (n) = 4 years
Interest rate (r) = 5%
So, we can calculate the future value(FV), by using following formula,
FV = PV ( 1 + n × r)
By putting the value, we get
FV = $400 ( 1 + 4 × 0.05)
= $480
Hence total amount she has to pay back = $480.
Interest charged = FV - PV
= $480 - $400
=$80
Answer:
Round to the nearest tenth.
Step-by-step explanation:
The numbers are 59 and 61
Answer:
y = 8x - 8
Step-by-step explanation:
y = mx + b is slope-intercept form
m - slope
b - y-intercept
so if you plug in 8 for m and -8 for b you'll get
y = 8(m)x - 8(b)
Hope this helps!!
Answer:
(13 + or - (sign) square root(37)) / 6
Step-by-step explanation:
First search up the quadratic formula which is
x = (- b + or - square root(b^2 - 4ac)) / 2a
and to find a, b, and c you need this formula
ax^2 + bx + c = 0 (btw this is the safest solution to finding your answer with a number in-front of a quadratic equation.)
Math:
a = 3, b = -13, c = 11
b = -13, because of the x on the other end of the equation as the equation above "ax^2 + bx + c = 0" you need the zero to proceed to this next step.
Side Note: You only take the number and not the variable, variables are x, y, w, z, or etc.
(- (- 13) + or - square root((-13)^2 - 4(3)(11) ) ) / 2 * 3
13 + or - square root(37) / 6