The exact calculations:
Principal, P=3000
interest rate = 33% per year
Period, t=10 years
Future value
Interest
= future value - principal
= 81337.92-3000
=
78337.92 (to the nearest cent)
Answer:
x⁷ = 60
Step-by-step explanation:
<u>Given</u><u> </u><u>:</u><u>-</u><u> </u>
<u>To </u><u>Find</u><u> </u><u>:</u><u>-</u><u> </u>
- The expotential equation .
<u>Solution</u><u> </u><u>:</u><u>-</u><u> </u>
Given logarithmic equation is ,
⇒ log x⁵ + log x ¹² = 7
⇒ log x ⁵ * ¹² = 7 [ log aⁿ + log aⁿ' = log aⁿ * ⁿ' ]
⇒log x ⁶⁰ = 7
In expotential form we can write it as ,
⇒ x⁷ = 60
Answer:
The difference in amount = $430
Step-by-step explanation:
1- Annual contract:
The annual contract means a contract for 12 months. There is a month penalty for breaking the lease.
This means that, if you left after 8 months, you will have to pay for 10 month.
Total paid = monthly payment * 10
Total paid = 535 * 10 = $5350
2- Month-to-month contract:
You will only paid for the 8 months you stayed,
Total paid = monthly payment * 8
Total paid = 615 * 8 = $4920
3- Getting the difference:
We can note that a month-month contract is a better option if you intend to stay for only 8 months
Difference = 5350 - 4920 = $430
Hope this helps :)
