3 years ago

If you borrow $500 for 6 years at an annual interest rate of 7% ,how will you pay all togther

Mathematics

1 answer:

Vlad [161]3 years ago

6 0

Answer:

$3,210

Step-by-step explanation:

7% of 500 = 35

35 + 500 = 535

535 x 6 = 3,210

Answer = You would pay $3,210 all together.

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4 0

3 years ago

For options A– E choose all of the expressions that are equivalent to 3(4x + 3).

Katen [24]

3(4x+3) = 12x + 9
A= 3(4x+1)
B= 9 + 12x
C= 7x + 6
D= 12x + 9
E= 12x + 9

Answer: D, E

Hope This Helps✨

3 0

3 years ago

Paul has an eight-year loan with a principal of $26,900. The loan has an interest rate of 8.18%, compounded quarterly. If Paul p

babymother [125]

Answer:

The answer is "option b"

Step-by-step explanation:

Amount = $26,900

r= 0.0818 %

$i=\frac{r}{4}\\\\$

$=\frac{0.0818}{4}\\\\=0.02045$

t= 8 years

$n= 8 \times 4$

$=32$

$D=\frac{1-(1+i)^{-n}}{i}\\$

$=\frac{1-(1+0.02045)^{-32}}{0.02045}\\\\=\frac{1-(1.02045)^{-32}}{0.02045}\\\\=\frac{1-0.52319627}{0.02045}\\\\=\frac{0.47680373}{0.02045}\\\\=23.3155858$

$Q= \frac{Amount}{Discount \ factor }\\$

$=\frac{26900}{23.3155858} \\\\=1153.73468$

Payment $=1153.73468 \times 32\\\\$

$= \$ 36919.5098\\$

$\text{Total interest = Payment - amount}$

$= \$ 36919.5098 - \$ 26900 \\\\ = \$ 10019.5098$

$\text{Finance charge = Total interest + service charge}$

$= \$ 10019.5098 + \$ 1527\\\\ = \$ 11546.5098$

3 0

3 years ago

Which dot plot represents this data set?

zmey [24]

I think it is B is ur answer

4 0

4 years ago

Which expression is equivalent to 36-12x

Vera_Pavlovna [14]

Answer:

(i think this is wh ast your asking for)

x = 3

Step-by-step explanation:

36 - 12x = 0

- 12x = -36

x = 3

7 0

3 years ago