Given:
Future Value = $75,210
term = 8 years
rate = 8.5%
Initial loan = ?
In this case, we need to find the present value of the loan. Compounded means that even the interest has an interest.
PV = FV / (1 + i)^n
PV = 75,210 / (1 + 0.085)⁸
PV = 75,210 / (1.085)⁸
PV = 75,210 / 1.9206
PV = 39,159.64
Initial loan is $39,159.64
total interest is $75,210 - 39,159.64 = $36,050.36
Answer:
Hayden's hourly rate is $30
Extra hour rate is 1.5×30=$45
given that he earned $2175 by working 40 regular hours, the number of overtime hours he worked will be given as follows;
let the number of overtime be x
hence total amount earned will be:
(40×30)+(45×x)=2175
1200+45x=2175
45x=2175-1200
45x=975
solving for x we get
x=975/45
x=65/3=21 2/3 hours
Therefore the answer is c.562.50
Step-by-step explanation:
brainliest please
Answer: H0: p1 ≤ p2, Ha: p1 > p2
Step-by-step explanation:
According to the information obtained, we can say that the hypothesis that determines that the percentages of support votes are different between the two incumbent candidates is as follows
H0: p1 ≤ p2, Ha: p1> p2
where the null hypothesis represents the difference between proportions
Answer:
<em>The correct answer is: False</em>
Step-by-step explanation:
<u>If the sum of the opposite angles in a quadrilateral is 180°</u>, then a circle can be circumscribed about the quadrilateral.
Here, 
but, 
So, a circle can't be circumscribed about the given quadrilateral.
Answer:
158400 inches is 2 1/2 miles
Step-by-step explanation:
2.5* 5280 because 2.5 miles is 13200 feet.
13200*12 because 13200 feet is 158400 inches.
The answer would be 158400 inches.
Please mark as brainliest! Hope this helps! If you need anymore help just ask! :D
