Solve the problem.A loan for $35,000 is taken at an annual rate of interest of 8% compounded quarterly. The loan is to be paid off in 30 years.[(1.02)30 ? 1.8, (1.02)120 ? 10.8, (1.08)30 ? 10, (1.08)120 ?10,253](a) Write an appropriate difference equation.(b) Determine the quarterly payment.(c) Determine the total amount of interest paid.
What will be an ideal response?
(a) | yn = 1.02yn-1 - R, y0 = 35,000 |
(c) $57,571.60
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A.
B.
C.
D.
Multiply the polynomials using the FOIL method. Express the answer as a single polynomial in standard form.(x + 10)(x - 7)
A. x2 - 70x + 3 B. x2 + 2x - 70 C. x2 + 3x - 70 D. x2 + 3x + 3
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Using the factoring method, solve for the roots of the quadratic equation.x2 + 8x - 20 = 0
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