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LUCKY_DIMON [66]
2 years ago
10

Find the maturity value of a loan of ​$800 after three years. The loan carries a simple interest rate of 9 1/4​% per year.

Mathematics
1 answer:
Artyom0805 [142]2 years ago
6 0

Answer: $9

Step-by-step explanation: The maturity value of a loan is the total amount you must repay, including the principal and any interest you incur. The term of the loan is the time for which it has been granted.

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2 Fifteen percent of a bag of chocolate
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8 0
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If 18√8 - 8 √18 = √n, what is n?
Yuliya22 [10]

Answer:

n=288

Step-by-step explanation:

Rewrite the equation as  

√

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−

8

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√

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18

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−

8

√

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To remove the radical on the left side of the equation, square both sides of the equation.

√n

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(

18

√

8

−

8

√

18

)

2

Simplify each side of the equation.  

Use  

n

√

a

x

=

a

x

n

to rewrite  

√

n  as  n

1

2

.

(

n

1

2

)

2

=

(

18

√

8

−

8

√

18

)

2

Simplify  

(

n

1

2

)

2

.  

Multiply the exponents in  

(

n

1

2

)

2

.  

Apply the power rule and multiply exponents,  

(

a

m)n

=

a

m

n

.

n

1

2

⋅

2

=

(

18

√

8

−

8

√

18

)

2

Cancel the common factor of  2  

Cancel the common factor.

n

1

2

⋅

2

=

(

18

√

8

−

8

√

18

)

2

Rewrite the expression.

n

1

=

(

18

√

8

−

8

√

18

)

2

Simplify.

n

=

(

18

√

8

−

8

√

18

)

2

Simplify  

(

18

√

8

−

8

√

18

)

2

Simplify each term.

Rewrite  

8  as  2

2

⋅

2

.  

Factor  

4  out of  8  

n

=

(

18

√

4

(

2

)

−

8

√

18

)

2

Rewrite  

4  as  2

2  

n

=

(

18√

2

2

2

−

8

√

18

)

2

Pull terms out from under the radical.

n

=

(

18

(

2

√

2

)

−

8

√

18

)

2

Multiply  

2  by  18  

n

=

(

36

√

2

−

8

√

18

)

2

Rewrite  

18

as  

3

2

⋅

2

.

Factor  

9

out of  

18

.

n

=

(

36

√

2

−

8

√

9

(

2

)

)

2

Rewrite  

9

as  

3

2

.

n

=

(

36

√

2

−

8

√

3

2

⋅

2

)

2

Pull terms out from under the radical.

n

=

(

36

√

2

−

8

(

3

√

2

)

)

2

Multiply  

3

by  

−

8

.

n

=

(

36

√

2

−

24

√

2

)

2

Simplify terms.

Subtract  

24

√

2

from  

36

√

2

.

n

=

(

12

√

2

)

2

Simplify the expression.

Apply the product rule to  

12

√

2

.

n

=

12

2

√

2

2

Raise  

12

to the power of  

2

.

n

=

144

√

2

2

Rewrite  

√

2

2

as  

2

.

Use  

n

√

a

x

=

a

x

n

to rewrite  

√

2

as  

2

1

2

.

n

=

144

(

2

1

2

)

2

Apply the power rule and multiply exponents,  

(

a

m

)

n

=

a

m

n

.

n

=

144

⋅

2

1

2

⋅

2

Combine  

1

2

and  

2

.

n

=

144

⋅

2

2

2

Cancel the common factor of  

2

.

Cancel the common factor.

n

=

144

⋅

2

2

2

Rewrite the expression.

n

=

144

⋅

2

1

Evaluate the exponent.

n

=

144

⋅

2

Multiply  

144

by  

2

.

n

=

288

5 0
3 years ago
WILL GIVE BRAINLIEST-What is the average rate of change of the function on the interval from x = 0 to x = 2?
Musya8 [376]
Average=  f(2)−f(0)/2−0
=62.5−250/ 2-0
<span>= −93.75</span>
7 0
3 years ago
Read 2 more answers
Please helpppppp
melomori [17]

Given Information:

Years = t = 35

Semi-annual deposits = P = $2,000

Compounding semi-annually  = n = 2

Interest rate = i = 6.5%  

Required Information

Accumulated amount  = A = ?

Answer:

Accumulated amount  = $515,827

Step-by-step explanation:

The future value of amount earned over period of 35 years and interest rate 6.5% with semi-annual deposits is given by

FV = PMT * ((1 + i/n)^nt - 1)/(i/n))

Where  

n = 2

i = 0.065

t = 35

FV = 2000*((1 + 0.065/2)^2*35 - 1)/(0.065/2))

FV = 2,000*(257.91)

FV ≈ $515,827

Therefore, Anthony will have an amount of $515,827 when he retires in 35 years.

6 0
3 years ago
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