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kotegsom [21]
3 years ago
6

Harry church borrowed 17,500.00 at 6.5% exact interest. He had to pay back a maturity value of 17,873.97 to pay off the loan. Wh

at was the term of the loan
Mathematics
1 answer:
kirill [66]3 years ago
3 0

Answer:the term of the loan is approximately 4 months

Step-by-step explanation:

The term of the loan means the period for which the loan was given.

We would apply the formula for simple interest which is expressed as

I = PRT/100

Where

P represents the principal

R represents interest rate

T represents time in years

I = interest after t years

From the information given

P = 17500

R = 6.5%

I = total amount paid - principal

I = 17,873.97 - 17,500.00 = 373.97

Therefore

373.97 = (17500 × 6.5 × T)/100

373.97 = 1137.5T

T = 373.97/1137.5

T = 0.32 years

Converting to months, it becomes

0.32 × 12 = 3.84

Approximately 4 months.

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Answer:

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Step-by-step explanation:

$8.00 x .06%= $ .48  ---$8.00 + $ .48=$8.48

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8 0
3 years ago
There are 910 scooters in a show room out of which 654are new and rest are old. find out number of old scooters
Soloha48 [4]

Answer:

254

Step-by-step explanation:

Because the are 910 scooters in all and their 654 new that means the remains are old

8 0
2 years ago
Which of the following examples best represents the use of an interval scale? measuring the number of cookie boxes sold by scout
Mashcka [7]

Answer:

students' ratings of their professors' performance on a five-point scale ranging from poor to excellent

Step-by-step explanation:

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Interval scale is used when the difference between the numbers are meaningful. e.g. students' ratings of their professors' performance on a five-point scale ranging from poor to excellent Here a child who is scored 1, did very poorly and a child scored 5, performed excellently well.

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6 0
3 years ago
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lora16 [44]

Let's find a.

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90 + a = 180

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Let's find b.

By looking at the graph, we can tell that the angle "b" and the angle that measures 163° is the same. Thus, b = 163°.

Let's find c.

Using what we did for a, we can solve for c using what we got for b. We can make an equation and solve.

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c = 27°

Let's find d.

Using the angle that measures 70°, we can solve it like we did with a and c.

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Let's find e.

Now that we know what d equals, we know that d and e make a supplmentary angle. So, make an equation and solve.

110 + e = 180

e = 70°

Best of Luck!

5 0
3 years ago
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