1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Harlamova29_29 [7]
2 years ago
10

Hans borrowed money from a credit union for 4 years and was charged simple interest at an annual rate of 6%. The total interest

that he paid was $1920. How much money did he borrow?
Mathematics
1 answer:
Gnesinka [82]2 years ago
7 0

Answer:

Hans initially borrowed $1499.04

Step-by-step explanation:

Information:

Borrowed for 4 years

Interest rate of 6%

Final amount: $1920

--------------------------------------

1. Find 6% less of 1920.

This would be the same as multiplying a number by 0.94

So: 1920 * 0.94 = 1804.8

Then repeat this 3 more times:

1804.8 * 0.94 = 1696.51   <(Because money is only shown in cents, we round to the nearest 100's place for decimals.)

1696.51 * 0.94 = 1594.72

Then finally,

1594.72 * 0.94 = 1499.04

This means that the initial cash amount Hans borrowed was $1499.04

You might be interested in
3 a western beach is reducing width by 10 feet every 5 years for the first 10 years the patter then became less constant dunes b
Anna71 [15]

A. Western Beach is reducing was width by 10 feet every 5 years for the first 10 years, then the pattern became less constant. Dunes Beach experienced a stable and fast increase in width, 25 feet every 5 years of 5 feet per year.

B. Somewhere between years 11 and 12 they had the same width.

C. You can place the values on a graph and connect the points, and look at the intersections to determine points in time where they were of the same width.

First, lets look at the data. Western Beach (or WB for short) decreases its width by 10 feet every 5 years from year 0 to year 10. Between year 11 and year 15 the pattern shifts and becomes less changing since there is barely any change between years 12 and 15. Dunes Beach (or DB) increases steadily by 25 feet every 5 years or 5 feet per year.

Assuming the changes in width happen over time and gradually, at some point between year 10 and 11, both beaches would have likely had the same width, somewhere between 70 and 75.

To determine the exact point in time where they meet we would need to draw a graph, with the width in feet on the X axis and the year on the Y axis. Then we place all the pairs in the graph by their coordinates, and connect the points that correspond to each beach. We then see where the lines intersect and use mathematics to determine the values of X and Y, giving us the time and width when the two beaches were equal.

please mark me brainliest it helps to become an genius

4 0
3 years ago
Compare the Following Ratios 7to 12 ________ 7/8<br><br> A: &gt;<br> B: &lt;<br> C: =
ser-zykov [4K]

Change the ratios to decimals and compare:

7 / 12 = 0.583

7 / 8 = 0.875

So 7:12 is less than 7/8

The answer is <

7 0
3 years ago
Your class earned $120.00 Saturday afternoon by washing cars to raise money for the class trip. This is 1/4 of the money needed
Ilya [14]

Answer:

$360.00

(I hope this was helpful)

5 0
2 years ago
Please help real quick ​
malfutka [58]

Divide total km by the km in the scale:

112 / 16 = 7

The answer is A. 7 cm

6 0
3 years ago
Read 2 more answers
A number increased by two-thirds of the number is 35. What is the number?
kirza4 [7]
21 would be the answer hope this helps :)
5 0
3 years ago
Read 2 more answers
Other questions:
  • Factor and simplify: 4a^2c^2-(a^2-b^2+c^2)^2
    13·1 answer
  • Simplify each product and write each expression in standard form, show your work please
    12·1 answer
  • Point B is on line segment AC. Given BC
    6·1 answer
  • Three students used factoring to solve a quadratic equation.
    9·1 answer
  • What is the value of x?<br><br><br><br> Enter your answer in the box.<br><br> x =
    9·2 answers
  • A non toxic furniture polish can be made by combining vinegar and oil. The amount of oil should be five times the amount of vine
    9·1 answer
  • 1. Pilar and her sister Marisol live near the beach. Pilar has 80 seashells in her collection when Marisol started collecting se
    11·1 answer
  • What is the slope and y-intercept of the linear equation y = 5x − 4?
    8·1 answer
  • GOOD AT MATH!! PLEASE HELPPP
    10·1 answer
  • Simplify the slope of AC.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!