Answer:
3396.65
Step-by-step explanation:
Let's start by cacluating the amount the bank is loaning us
800000*.8=640000
Let's now calculate the effective rate: .049/12= .004083333333
let x= payment

Answer:
Principal = $1,000
Rate of interest = 14% = 0.14
Time = 3 years

A = Amount or future value
P = Principal
r = rate of interest in decimals
t = time
Substitute the values in the formula


Future Value is $1481.544
Compound interest = Amount - Principal = $1481.544- $1000 = $481.544
Formula of simple interest : 
Substitute the values :


So, Simple interest = $420
Compound interest - Simple interest
= $481.544- $420
= $61.544
So, Compound Interest is $61.544 more than simple interest.
Answer:
It took Peter 28 minutes and 10.82 seconds to finish the race.
Step-by-step explanation:
We have that:
: Antonio = 28 min + 11.00 s (1)
: Julio = A - 0.08 s (2)
: Pete = J - 0.1 s (3)
Then, the time at which Pete finished the race is:
(4)
By entering equations (1), (2), (3) into (4) we have:
Therefore, it took Peter 28 minutes and 10.82 seconds to finish the race.
I hope it helps you!
Answer:
6(3d+2)
Step-by-step explanation: