Answer: $139390 must be paid back.
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1 + r/n)^nt
Where
A = amount to be played back at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount borrowed.
From the information given,
P = 41000
r = 8.5% = 8.5/100 = 0.085
n = 1 because it was compounded once in a year.
t = 15 years
Therefore,
A = 41000(1 + 0.085/1)^1 × 15
A = 41000(1 + 0.085)^15
A = 41000(1.085)^15
A = $139390
Answer:
here is your correct answer and listen question no four option are incorrect
Answer:
1
Step-by-step explanation:
I think the answer is D, because P is the new price, n is the original price, then you multiply 0.25 by the original price and then subtract it by the original price.
Answer:
216 gallon
Step-by-step explanation:
We are given that
Milk in gallon probability week
200 3/30 3
205 4/30 4
210 6/30 6
215 5/30 5
220 4/30 4
225 3/30 3
230 2/30 2
235 2/30 2
240 1/30 1
Total weeks=30
We have to find the average number of gallons of milk consumed per week
The average number of gallons of milk consumed per week
=Total number of gallons of milk/total weeks
Using the formula
The average number of gallons of milk consumed per week
=
=
=
gallons/week
Hence, the average number of gallons of milk consumed per week= 216 gallon
