Ask question

Ask question

All categories

3 years ago

15

Jamerra received a $3,000 car loan. She plans on paying off the loan in 2 years. At the end of 2 years, Jamerra will have paid $

450 in interest. What is the simple interest rate on the car loan?

1 answer:

Kay [80]3 years ago

6 0

If Jamerra pays $450 simple interest in 2 years,
she will pay (450/2) = $225 simple interest each year.

225 / 3000 = 0.075 = 7.5 %

You might be interested in

Find the midpoint of the segment with the following endpoints. (6, 4) and (9, 1)

joja [24]

Answer:

$(\frac{15}{2},\frac{5}{2})$

Hope this helps!

3 0

3 years ago

Calculate the speed of a 2-kg ball that has momentum of 10 kg•m/s

4vir4ik [10]

The formula for momentum is:
M=Mass*Velocity

From this formula we can derive the formula for velocity:

V=Momentum/Mass

We already know momentum (10 kg m/s) and mass (2 kg). Let's plug in the numbers into the formula:

V=10/2
V=5 m/s

7 0

4 years ago

A neighbor needs to put up a square fence around her garden to keep the deer out. If the area is 500 square feet, how much fence

Maurinko [17]

Let's say side length is s.
s*s = 500, so s = √500.

4 sides needed, total length thus 4*s.

4√500 ≈ 89.4

4 0

3 years ago

This question pls I don’t understand

adell [148]

Answer:

19.4

Step-by-step explanation:

50% is one half

so 9.7 is half of ....

Then .... is twice 9.7

.... = 2 × 9.7 = 19.4

5 0

3 years ago

What is the correct factorization of 6x^2 -2x -20?<br> Please get correct!

Snezhnost [94]

→ 6x² - 2x - 20

→ 6x² + 10x - 12x - 20

→ x(6x + 10 ) - 2 (6x + 10)

→ (6x + 10) (x - 2) .

for

6x - 10 = 0

6x = 10

${x\:=\:\frac{5}{3}}\\$

for x - 2

x = 2

4 0

2 years ago