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2 years ago

Find the interest accrued on a $7500 loan with a 2.5% interest rate over 4 years

Mathematics

1 answer:

sukhopar [10]2 years ago

4 0

The simple interest accrued is = $750

<h3>Calculation of simple interest</h3>

The principal amount of the loan = $7500

The rate at which the interest is paid is = 2.5%

The time that it will take to pay the interest = 4 years

Using the formula for Simple interest;

SI= P×T×R/100

SI = 7500×4 × 2.5/100

SI= 75000/100

SI=$750

Therefore, the interest accrued on a $7500 loan with a 2.5% interest rate over 4 years is = $750

Learn more about simple interest here:

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Which statement describes the end behavior of the exponential function f(x)=2^x-3

notsponge [240]

I believe it's A. Hope it helps :)

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3 years ago

Allometric relations often can be modeled by f(x)= x^b, where a and b are constants. One study showed that for a male fiddler

dolphi86 [110]

Answer:

a) $f(2)= 0.448 (2)^{1.21}= 1.036 grams$

b) $0.5 = 0.448 x^{1.21}$

Dividing both sides by 0.448 we got:

$\frac{0.5}{0.448} = x^{1.21}$

We can appy the exponent $\frac{1}{1.21}$ in both sides of the equation and we got:

$(\frac{0.5}{0.448})^{\frac{1}{1.21}} = x= 1.095grams$

Step-by-step explanation:

For this case we know the following function:

$f(x) = 0.448 x^{1.21}$

The notation is: x is the weight of the crab in grams, and the output f(x) is the weight of the claws in grams.

Part a

For this case we just need to replace x = 2 gram in the function and we got:

$f(2)= 0.448 (2)^{1.21}= 1.036 grams$

Part b

For this case we know tha value for $f(x) =0.5$ and we want to find the value of x who satisfy this condition:

$0.5 = 0.448 x^{1.21}$

Dividing both sides by 0.448 we got:

$\frac{0.5}{0.448} = x^{1.21}$

We can appy the exponent $\frac{1}{1.21}$ in both sides of the equation and we got:

$(\frac{0.5}{0.448})^{\frac{1}{1.21}} = x= 1.095grams$

8 0

3 years ago

Im having a hard time on this question and I hope you can help.

Masja [62]

The answer would be x ≠ 0

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

First start with the left side, doing distributive property

So... -2(x) = -2x and -2(5) = -10 Therefore on the left side you now have -2x -10

Next do the same on the right side

-2(x) = - 2x and -2(-2) = 4 so you have -2x + 4 + 5 and you add 4 and 5, leaving you with -2x + 9

Now that you have simplified both sides the problem now looks like this:

-2x - 10 = -2x + 9

Because you have equal terms on both sides (-2) those cancel out so you have -10 = 9

Just from looking at this we know that the statement is false because -1o does not equal 9

*The symbol, "≠" means not equal to"

3 0

3 years ago

Read 2 more answers

The Frosty Ice-Cream Shop sells sundaes for $2 and banana splits for $3. On a hot summer day, the shop sold 8 more sundaes than

svlad2 [7]

The shop sold 36 sundaes and 28 banana spilts

<em><u>Solution:</u></em>

Let "a" be the number of sundaes sold

Let "b" be the number of banana spilts sold

Cost of 1 sundaes = $ 2

Cost of 1 banana spilt = $ 3

<em><u>On a hot summer day, the shop sold 8 more sundaes than banana splits and made $156</u></em>

Therefore,

Number of sundaes sold = 8 + number of banana spilts sold

a = 8 + b ------- eqn 1

<em><u>Also, given that they made $ 156</u></em>

<em><u>Therefore, we frame a equation as</u></em>:

Number of sundaes sold x Cost of 1 sundaes + number of banana spilts sold x Cost of 1 banana spilt = 156

$a \times 2+b \times 3 = 156$

2a + 3b = 156 ---------- eqn 2

<em><u>Substitute eqn 1 into eqn 2</u></em>

2(8 + b) + 3b = 156

16 + 2b + 3b = 156

16 + 5b = 156

5b = 156 - 16

5b = 140

<em><u>Substitute b = 28 in eqn 1</u></em>

a = 8 + 28

Thus the shop sold 36 sundaes and 28 banana spilts

4 0

3 years ago

Jessica invests $250 each quarter in an ordinary annuity with a 5% interest rate compounded quarterly. Determine the accumulat

madam [21]

Answer:

Step-by-step explanation:

Usimg formula for calculating compound interest.

A = P(1+r/n)^nt

P is the principal =$250

r is the rate = 5%

t is the time = 25years

n = 1/4(compounded quarterly)

Substituting to get the amount A.

A = 250(1+5/25)^25/4

A = 250(1+0.2)^6.25

A = 250(1.2)^6.25

A = 250(3.125)

A = $781.31

Hence the accumulated amount in Jessica's annuity after 25 years is $781.31

4 0

3 years ago