Elsalvador7310
23.04.2020 •
Mathematics
Find the measure of the angles formed by two consecutive radii and a radius and a side of a regular nonagon
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Ответ:
Step-by-step explanation:
The value of the note at maturity is ...
A = P(1 +rt) = $14,500(1 +0.09(9/12)) = $15,478.75
The amount (P) the bank will pay for the note is ...
A = P(1 +rt)
The bank wants an equivalent rate of 10% on its 3-month investment.
$15,478.75 = P(1 +.10(3/12)) = 1.025P
P = $15,478.75/1.025 = $15,101.22
The bank will pay the plumber $15,101.22 for the note. That is not enough to pay a bill for $15,400.