QUESTION
Learning Page
An amount of $49,000 is borrowed for 11 years at 6.5% Interest, compounded annually. If the loan is paid in full at the end of that period, how much must be
paid back?
plz help

$97,958.42

Step-by-step explanation:

To solve this problem we can use the compound interest formula which is shown below:

P = initial balance

r = interest rate

t = time

First change 6.5% to its decimal form:

6.5% -> -> 0.065

Next plug in the values:

They have to pay back $97,958.42

$8

step-by-step explanation:

it is pretty much backwards.

you take the 4x2 multiply that, and that is = $8

3-4

step-by-step explanation:

the answer is 3-4 because both 45 and 60 has a multiple of 15.

45/3=15

60/4=15

therefore the odds against selecting a red is 4-3