Answer:rational
Step-by-step explanation:
its a whole number
A.
–13
B.
–3
C.
17
D.
–17
Answer:
Roderigo will pay $7353.80 in interest.
Step-by-step explanation:
Interest capitalization means the interest earned is added to the principle amount so first we will use compound interest formula.
Compound interest formula is :
p = 8575
r = 7.1% or 0.071
n = 12
t = 4
Putting the values in formula we get;
Solving this we get;
Amount = $11381.94
For the next part we have EMI formula as:
p = 11381.94
r =
n =
=
EMI = $132.74
Now total payments made in 120 months (10 years) = dollars
Now, interest paid = dollars
Hence, Roderigo will pay $7353.80 in interest.