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Lubov Fominskaja [6]
2 years ago
5

You get a $60,000 loan for a new dump truck. With the truck, you can generate $500 more business each week at 80% margin. Your i

nterest rate on the loan is 8. 6%. Does the additional margin generated cover the interest payments?
SAT
1 answer:
Evgen [1.6K]2 years ago
6 0

Assuming your interest rate on the loan is 8. 6%. The additional margin generated will cover the interest payments.

<h3>Additional margin</h3>

Let determine the weekly interest

Weekly interest= 8.6% /12 x 60,000

Weekly interest= $99.23

Let calculate the amount left since the business generates $500 at a margin of 80

Amount left= 500 x 80%

Amount left= $400

Based on the above calculation we can see that the amount of $400 is sufficient enough to cover the $99.23 payments.

Inconclusion  the additional margin generated cover the interest payments.

Learn more about additional margin here:brainly.com/question/903996

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What maximum amount of ammonia in kilograms can be synthesized from 5.22 kg of h2 and 31.5 kg of n2?
Fiesta28 [93]

Consider the unbalanced reaction,

H₂ + N₂   ===>   NH₃

Balance it to get

3 H₂ + N₂   ===>   2 NH₃

This tells you that for every 3 moles of H₂ and 1 mole of N₂ among the reactants, 2 moles of NH₃ are produced.

Look up the molar masses of each component element:

• H : 1.008 g/mol     ===>   H₂ : 2.016 g/mol

• N : 14.007 g/mol     ===>   N₂ : 28.014 g/mol

• NH₃ : 17.031 g/mol

Convert the given mass to moles for each reactant:

• H₂ :

(5.22 kg) × (1000 g/kg) × (1/2.016 mol/g) ≈ 2589.29 mol

• N₂ :

(31.5 kg) × (1000 g/kg) × (1/28.014 mol/g) ≈ 1124.44 mol

Now,

(2589.29 mol H₂) : (1124.44 mol N₂) ≈ (2.30 mol H₂) : (1 mol N₂)

so that the amount of N₂ consumed is

(2589.29 mol H₂) × (1 mol N₂) / (3 mol H₂) ≈ 863.095 mol N₂

leaving an excess of about 261.343 mol N₂, and producing

(2589.29 mol H₂) × (2 mol NH₃) / (3 mol H₂) ≈ 1726.19 mol NH₃

Convert this to a mass :

(1726.19 mol) × (17.031 g/mol) × (1/1000 kg/g) ≈ 29.3987 kg

So, up to 29.4 kg of NH₃ can be synthesized.

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