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sineoko [7]
3 years ago
15

Miguel Rodriguez borrowed $500 from his brother Julio to pay for books and tuition. He agreed to pay back in 6 months with simpl

e interest at 6.2. How much will the interest amount to? What amount must Miguel pay Julio at the end of 6 months?
Mathematics
2 answers:
Leya [2.2K]3 years ago
5 0

Answer:

Interest amount to $15.5.

Miguel must pay $515.5 Julio at the end of 6 months.

Step-by-step explanation:

Given :Miguel Rodriguez borrowed $500.

           He agreed to pay back in 6 months with simple interest at 6.2.  

To Find :How much will the interest amount to? What amount must Miguel pay Julio at the end of 6 months?

Solution:

Principal (P)= $500

Rate of interest(R)= 6.2%

Time= 6 months = 0.5 years

Formula : SI = \frac{P \times R \times T}{100}

SI = \frac{500 \times 6.2 \times 0.5}{100}

SI = 15.5

So,the interest amount to $15.5

Amount = Principal +Interest

Amount = $500+$15.5

Amount = $515.5

So, Miguel must pay $515.5 Julio at the end of 6 months.

dolphi86 [110]3 years ago
3 0

he will pay $31 in interest after 6 months so after 6 months he will pay $531

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Drag the tiles to the correct boxes to complete the pairs. Not all tiles will be used. Match each verbal description of a sequen
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Answer:

I think the question is wrong so, I will try and explain with some right questions

Step-by-step explanation:

We are give 6 sequences to analyse

1. an = 3 · (4)n - 1

2. an = 4 · (2)n - 1

3. an = 2 · (3)n - 1

4. an = 4 + 2(n - 1)

5. an = 2 + 3(n - 1)

6. an = 3 + 4(n - 1)

1. This is the correct sequence

an=3•(4)^(n-1)

If this is an

Let know an+1, the next term

an+1=3•(4)^(n+1-1)

an+1=3•(4)^n

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Common ratio an+1/an

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r= (4)^(n-n+1)

r=4^1

r= 4, then the common ratio is 4

Then

First term is when n=1

an=3•(4)^(n-1)

a1=3•(4)^(1-1)

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2. This is the correct sequence

an=4•(2)^(n-1)

Therefore, let find an+1

an+1=4•(2)^(n+1-1)

an+1= 4•2ⁿ

Common ratio=an+1/an

r=4•2ⁿ/4•(2)^(n-1)

r=2^(n-n+1)

r=2¹=2

Then the common ratio is 2,

The first term is when n =1

an=4•(2)^(n-1)

a1=4•(2)^(1-1)

a1=4•(2)^0

a1=4

It is geometric progression with first term 4 and common ratio 2.

3. This is the correct sequence

an=2•(3)^(n-1)

Therefore, let find an+1

an+1=2•(3)^(n+1-1)

an+1= 2•3ⁿ

Common ratio=an+1/an

r=2•3ⁿ/2•(3)^(n-1)

r=3^(n-n+1)

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Then the common ratio is 3,

The first term is when n =1

an=2•(3)^(n-1)

a1=2•(3)^(1-1)

a1=2•(3)^0

a1=2

It is geometric progression with first term 2 and common ratio 3.

4. I think this correct sequence so we will use it.

an = 4 + 2(n - 1)

Let find an+1

an+1= 4+2(n+1-1)

an+1= 4+2n

This is not GP

Let find common difference(d) which is an+1 - an

d=an+1-an

d=4+2n-(4+2(n-1))

d=4+2n-4-2(n-1)

d=4+2n-4-2n+2

d=2.

The common difference is 2

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an=4+2(n-1)

a1=4+2(1-1)

a1=4+2(0)

a1=4

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5. I think this correct sequence so we will use it.

an = 2 + 3(n - 1)

Let find an+1

an+1= 2+3(n+1-1)

an+1= 2+3n

This is not GP

Let find common difference(d) which is an+1 - an

d=an+1-an

d=2+3n-(2+3(n-1))

d=2+3n-2-3(n-1)

d=2+3n-2-3n+3

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Now, the first term is when n=1

an=2+3(n-1)

a1=2+3(1-1)

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6. I think this correct sequence so we will use it.

an = 3 + 4(n - 1)

Let find an+1

an+1= 3+4(n+1-1)

an+1= 3+4n

This is not GP

Let find common difference(d) which is an+1 - an

d=an+1-an

d=3+4n-(3+4(n-1))

d=3+4n-3-4(n-1)

d=3+4n-3-4n+4

d=4.

The common difference is 4

Now, the first term is when n=1

an=3+4(n-1)

a1=3+4(1-1)

a1=3+4(0)

a1=3

This is an arithmetic progression of common difference 4 and first term 3.

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