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krok68 [10]
3 years ago
14

Annie's cafe borrows $6100 at 6% for 290 days. Find the total amount that must be repaid after 290 days. (Use a 365 day year.)

Mathematics
1 answer:
Galina-37 [17]3 years ago
8 0
Given:
amount borrowed $6,100
interest rate 6% - assuming annual interest rate
term - 290 days of a 365 day year.

This is a simple interest computation.

Interest = Principal * interest rate * term
Interest = 6,100 * 6% * 290/365
Interest = 290.79

Total payment at the end of the 290 term would be $6,390.79. 

Principal + interest → 6,100 + 290.79 = 6,390.79
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Answer:

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Step-by-step explanation:

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7 0
3 years ago
Which statement is true about the equation 4.5z = 4.5z – 4.25 + 6.25? (1 point) It has no solution. It has one solution. It has
gizmo_the_mogwai [7]
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5 0
2 years ago
X = 3y<br>3x - 5y = 12<br> substitution
IgorLugansk [536]

Answer:

x = 9  y = 3  (9,3)

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5 0
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