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
Tomtit [17]
2 years ago
15

2. Brynn borrowed $25,000 at 1% per month from a family friend to start her entrepreneurial venture on December 2, 2011. If she

paid back the loan on June 16, 2012, how much simple interest did she pay?
Mathematics
1 answer:
USPshnik [31]2 years ago
5 0

She paid a simple interest of $3,125.00 on the borrowing of $25,000

What is simple interest?

The simple interest on a loan or an investment can be determined as the principal multiplied by interest multiplied by the number of periods.

This is quite different from compound interest where the interest earned previously would earn interest in the future alongside the principal

I=PRT

I=interest on loan=unknown

P=amount borrowed=$25,000

R=interest rate=1% per month

T=12.5 months( from December 2 2011 to December 1 2012 makes one year and from December 1-16 gives 15 days, which is 0.5 of one month)

I=$25,000*1%*12.5

I=$3,125.00

Find out more about simple interest on:brainly.com/question/1115815

#SPJ1

You might be interested in
PLS HELP PLS PLS!!!!!!
jenyasd209 [6]

Answer:

m > 1

Step-by-step explanation:

Minus 6 from both side

m = 1

4 0
3 years ago
HELP!! PLEASE A carpenter is framing a window with wood trim where the length of the window is 9 and 1/3 feet. If the width of t
ohaa [14]
We need the perimeter of the window for framing

The window is in the shape of a rectangle with the height of 9 \frac{1}{3} feet and width of 6 \frac{3}{4}. The diagram of the shape is shown below

The perimeter of a shape is obtained by adding up the length of all the sides that form the shape.

The perimeter of the window is 9 \frac{1}{3}+9 \frac{1}{3}+6 \frac{3}{4}+6 \frac{3}{4} = 18 \frac{2}{3}+12 \frac{6}{4} 

We have two whole numbers 18 and 12 and two fractions \frac{2}{3} and \frac{6}{4}

Adding the two fractions that have different denominator 
\frac{2}{3}+ \frac{6}{4} = \frac{8}{12}+ \frac{18}{12}= \frac{26}{12}, which is an improper fraction which we can change into a mixed number 2 \frac{1}{6}

So the perimeter of the window is 
18+12+2 \frac{1}{6} =32 \frac{1}{6} 

and the length of wood needed for the frame is 32 \frac{1}{6} feet


4 0
3 years ago
In this line of circles, the ratio of red circles to blue circles is 1:3 How many more circles would need to be added to make th
zaharov [31]

Answer:

The number of red circles to be added would be equal to 8 times the original amount of red circles

Step-by-step explanation:

Let

x ----> the number of red circles

y ----> the number of blue circles

Originally

\frac{x}{y}=\frac{1}{3}

y=3x ----> equation A

How many more circles would need to be added to make the ratio of red to blue 3:1

Let

n ----> the  number of additional red circles

\frac{x+n}{y}=\frac{3}{1} ----> equation B

substitute equation A in equation B

\frac{x+n}{3x}=\frac{3}{1}

solve for n

x+n=9x\\n=9x-x\\n=8x

therefore

The number of red circles to be added would be equal to 8 times the original amount of red circles

5 0
3 years ago
|-9-3| + (-16:4)<br> Evaluate the following expressions
Yakvenalex [24]

Answer:

I got 12 + (-16 :4)

Step-by-step explanation:

if u could subscribe to my friend penny_pg3d, that would be great!

3 0
4 years ago
If you were to fill a graduated cylinder to 150mL, then drop a metal object in that raises the water level to 250mL, what is the
fiasKO [112]

Answer:

100 mL

Step-by-step explanation:

Subtract 150 from 250 to get the answer, hope this helped!

4 0
3 years ago
Other questions:
  • Hi this is for texaschic101 mainly but anyone else is fine too.
    15·1 answer
  • Work out the area of a trianle of base 5cm nd height 6cm
    8·1 answer
  • The value of y varies directly with x. If x =3, then y=21. What is the value of x when y=105?
    11·1 answer
  • A newspaper charges $3 per line for the first 4 lines plus a $20 to advertise.
    15·1 answer
  • What percent of 803 is 1
    6·1 answer
  • It is given that y is directly proportional to x raise to power n and write down the value of n when y metre square is area of a
    15·1 answer
  • PLEASE HELP ME I NEED HELP PLEASE HELP <br> PLEASE GIVE THE ANSWER UNDER THE QUESTION AND RATIO
    14·2 answers
  • Which of these expressions is equivalent to z + 2 + 2 + 2?<br> o 4+4<br> 4+<br> 42<br> 424
    14·2 answers
  • Can you conclude that the triangles are similar?
    12·1 answer
  • Plsss answer I will mark as brilliant
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!