Adam takes a loan of $8,250 at a 7% simple rate for 5 years . how much will be paid after 3 years ? how much interest will be paid in total for the loan?

a. $577.50; $2,887.50
b. $1,732.50 ; $2,887.50
c. $4,352.00 ; $7,253.50
d. $17,325.00 ; $28,875.00

hreryryrranswer:

step-by-step explanation:

answer: on graphs, the open and closed circles, or vertical asymptotes drawn as dashed lines us identify discontinuities.

as before, graphs and tables allow us to estimate at best.

when working with formulas, getting zero in the denominator indicates a point of discontinuity.

when working with piecewise-defined functions, check for discontinuities at the transition points where one piece ends and the next begins.

step-by-step explanation:

i'm sorry mate, but i am not seeing any figures. i am unable to solve this for you.

(a) {a₁, a₁r, a₁r², … a₁rⁿ⁻¹, …}

(b) $59 398

step-by-step explanation:

(a) the annual sequence of profits

aₙ = a₁rⁿ⁻¹

the model for the sequence of profits is {a₁, a₁r, a₁r², … a₁rⁿ⁻¹, …} .

(b) profit after 15 yr

  a₁ = $ 30 000

  r = 1.05

a₁₅ = 30 000 × 1.05¹⁴

a₁₅ = 30 000 × 1.979 93

a₁₅ = $59 398

the profit in year 15 will be $59 398.