Answer:
the future value is $47,371.74
Step-by-step explanation:
Given that
The borrowed amount is $24,000
The rate of interest is 12% per annum
The time period is of 6 years
We need to find out the payment made i.e. future value
So as we know that
Future value = Present value × (1 + rate of interest)^no of years
= $24,000 × (1 + 0.12)^6
= $24,000 × 1.12^6
= $47,371.74
Hence, the future value is $47,371.74
<span>We use the symbol %<span> for "percent."</span></span>
<span>The word "percent" really just means "per hundred.</span>
Multiplying both sides by
gives

so that substituting
and hence
gives the linear ODE,

Now multiply both sides by
to get

so that the left side condenses into the derivative of a product.
![\dfrac{\mathrm d}{\mathrm dx}[x^3v]=3x^2](https://tex.z-dn.net/?f=%5Cdfrac%7B%5Cmathrm%20d%7D%7B%5Cmathrm%20dx%7D%5Bx%5E3v%5D%3D3x%5E2)
Integrate both sides, then solve for
, then for
:




![\boxed{y=\sqrt[3]{1+\dfrac C{x^3}}}](https://tex.z-dn.net/?f=%5Cboxed%7By%3D%5Csqrt%5B3%5D%7B1%2B%5Cdfrac%20C%7Bx%5E3%7D%7D%7D)