The amount of the loan after 11 years is $34,113.53 and the intereest earned is $4,113.53
<h3>How to calculate the compound interest</h3>
The formula for calculating the exponential function is expressed as:
Given the following
- P = 30,000
- r = 0.047
- t = 11 years
- n = 4
Substitute into the formula to have:
Hence the amount of the loan after 11 years is $34,113.53
<h3>
Find the interest earned</h3>
Interest = A - P
Interest = 34,113.53 - 30000
Interest = 4,113.53
Hence the intereest earned is $4,113.53
Learn more on compound interest here: brainly.com/question/24924853
First point to be noted here is, the shelf and the book are 5 inches wide. So it is perfect to hold the book.
The shelf is 56 inches tall and the book is 4 inches thick. To find the number of books Linda can arrange on the shelf, just divide 56 by 4
Number of books Linda can arrange on the shelf = 56 ÷ 4 = 14 books
Answer:
Associative Property
Step-by-step explanation:
:)
Mile, Inch, Foot. We Americans do not use the metric system.
Answer:
first answer is correct
Step-by-step explanation:
Hello, we want to write 2 + 4 + 6 + ... + 20
for n = 1, 2n = 2*1 =2
for n = 2, 2n = 2*2=4
for n = 3, 2n=2*3=6
etc
so
thanks