Given that Rylee took out a loan for $3600 at 13% interest.
Where interest is compounded annually.
Interest for 1 year = 13% of 3600 = 0.13*3600 = 468
Amount due after 1 year = Loan + interest = 3600+468 = 4068
Monthly payment = 460
So Amount to be paid after 1 year = 4068-460 = 3608
New due amount $3608 is more than the loan amount $3600
Which means loan will always remain due for his entire life.
Hence Rylee will never be able to pay off the loan.
Interest must be less than the monthly payment in order to pay off the loan.
Answer:
2,600
Explanation:
Your first step is to find 7% of 4000 ( this is what it is decreasing by per year).
As a result you end up with 280.
Multiply 280 by 5.
1,400 should be your answer( amount of km decreasing after 5 years). This is a decreasing forest, so you subtract 4,000by 1,400.
<h3>
Answer: (C) (14,8)</h3>
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Explanation:
The perimeter of the square is 36, so each side length is 36/4 = 9 units.
Point B is located at (5,17). We move down 9 units to get to (5,8), which is the location of point A. Then we move 9 units to the right to arrive at (14,8) which is point D's location.
Or we could go from B = (5,17) to C = (14,17) and then to D = (14,8). Each time we move 9 units.
Answer:6.2
Step-by-step explanation: