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01.12.2019 •
Mathematics
Meryl took out a loan for $5,000 at an interest rate of 9.75% for 6 years. find the amount of interest and total amount he had to pay back.
i = ?
a = ?
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Ответ:
There are no compound periods given, so use the simple interest formula:
A = P(1+rt) where P is the principal, r is the rate and t is the time.
A = 5000(1+0.0975(6))
A = 5000(1+0.585)
A = 5000(1.585)
A = $7,925
Interest = 7925 - 5000 = $2,925
Total paid back = $7,925
Ответ:
- using Tangent T= o/a 7600ft/a= tan(8) = BC= 54076.80 ft, then round to the nearest foot.