First, determine the effective interests given both interest rates.
(1) ieff = (1 + 0.068/12)^12 - 1 = 0.07016
(2) ieff = (1 + 0.078/12)^12 - 1 = 0.08085
Calculating the interests will entail us to use the equation,
I = P ((1 + i)^n - 1)
Substituting the known values,
(1) I = ($5125)((1 + 0.07016)^1/2 - 1)
I = $176.737
(2) I = ($5125)(1 + 0.08085)^1/2 - 1)
I = $203.15
a. Hence, the greater interest will be that of the second loan.
b. The difference between the interests,
d = $203.15 - $176.737
$26.413
Answer:
Step-by-step explanation:
When the exponent is attached to the trig function like that, its essentially the same thing as taking the entire function to that power.
tan^2(x) = (tanx)^2
GIVEN:
We are given the following polynomial;

Required;
We are required to factorize this polynomial completely.
Step-by-step explanation;
To factorize this polynomial, we start by grouping;

We now take the common factor in each group;

Next, we factorize the first parenthesis. To do this we set the equation equal to zero and solve for x as follows;

Therefore, the factors of the other parenthesis are;

Therefore, the complete factorization of the polynomial is;
ANSWER:

Option C is the correct answer.
Step-by-step explanation:
0.92×10^3
I think it helps you