The principal P is borrowed at a simple interest rate are for a period of time T. Find the loans future value A, or the total amount due at time T

The total amount due after five years is $57,000.

Step-by-step explanation:

Recall that simple interest is given by the formula:

Where A is the final amount, P is the principal amount, r is the rate, and t is the time (in years).

Since we are investing a principal amount of $38,000 at a rate of 10.0% for five years, P = 38000, r = 0.1, and t = 5. Substitute:

Evaluate. Hence:

The total amount due after five years is $57,000.

i think it would be 43 movies that would have to be watched.

step-by-step explanation:

think about it. for the second plan, every month is 8 dollars. 8 x 12= 96. so thats the number for the second plan. now for the first plan, its annual meaning you have to pay 10 dollars every year. so now you have to get an equivalent amount of 86 since 96-10=86. 86 divided by 2 since every movie costs 2$ then you would have to watch 43 movies a year to get the same as the second plan. i really hoped this . have a wonderful day as well!

add 5 subtract 1

step-by-step explanation: