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
mafiozo [28]
1 year ago
10

What is the total repayment made, including principal and interest, on a loan of $1,100 at 3.5% interest compounded annually ove

r four years?
Mathematics
1 answer:
olchik [2.2K]1 year ago
8 0

The total repayment made, including principal and interest is $1262.27

<h3>Compound interest</h3>

The formula for calculating the compound interest is calculated as shown below;

A = P(1+r)^t

where

P is the principal = $1100

rate = 3.5% = 0.035

time "t" =4 years

Substitute

A. = 1100(1+0.035)^4
A = 1100(1.035)^4
A = 1100(1.14752)

A = 1262.27

Hence the total repayment made, including principal and interest is $1262.27

learn more on compound interest here: brainly.com/question/24924853

#SPJ1

You might be interested in
6.25% tax on a $25 purse
enyata [817]

Answer:

what you want me to asnwer

you ?????

Step-by-step explanation:

4 0
3 years ago
Find the LCM of: 14a^4n^2 and 35a^3mn^2 https://brainly.com/question/25332219
Allisa [31]

Answer:

I am not able to login to the account can u please type the question

8 0
3 years ago
¡¡¡40 POINTS!!!HELP ASAP!!
Nataly_w [17]
Hi there!

To start, we can use the two points to find the slope using the formula y2-y1/x2-x1. Just sub in the points and solve!

-0.5-0.5/3-(-3)
-1/6
Sub that into the formula y-mx+b for m, and use one of the points for x and y - solve for b and you get your equation. 

y=mx+b
y=-1/6x+b
0.5=-1/6*-3+b
0.5=-0.5+b
0.5+0.5=b
b=1

Therefore your equation is y=-1/6x+1

Hope this helps!



8 0
3 years ago
sue has 18 sweets, tony also has 18 sweets, sue gives tony x sweets, sue eats 5 of her sweets, tony then eats half of his sweets
Tomtit [17]

Answer:

ssbvsbdfffdhebejsjenej

7 0
3 years ago
Read 2 more answers
Which sutuation could be represented by -11
xz_007 [3.2K]

Answer:

You have no apples then loose 11 more

Step-by-step explanation:

Trust

3 0
3 years ago
Other questions:
  • Hilda wants a rectangular garden to have an area of 20 square feet. She will put a fence around the garden. What is the least am
    8·2 answers
  • A recipe calls for 2 eggs to make 10 pancakes how many eggs will you need to make 35 pancakes
    15·1 answer
  • Look at the drawing of a triangle within a rectangle triangle in the rectangle have the same base and height is the area of a tr
    14·1 answer
  • Find the maximum rate of change of f at the given point and the direction in which it occurs. f(x, y) = 5 sin(xy), (0, 2) maximu
    5·1 answer
  • ⅗ is WHAT percent? Pls help
    7·1 answer
  • How many moles are in 25g of CO2?<br><br> With calculation show please
    8·2 answers
  • Expand and combine like terms.<br><br> (2x4 + 32°) (224 – 3.2%)
    9·1 answer
  • Please answer this and don't do it for the points
    5·1 answer
  • Y=6x−7. Identify the x-intercept.
    5·2 answers
  • A store pays $27 for a ticket to a play and marks the price up by 39%. What is the amount
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!