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Goryan [66]
3 years ago
14

John di Silvestre obtained a loan to buy a cello for $8,400. He pays 12% exact interest on the loan for 146 days. What is the am

ount of interest owed and the maturity value of the loan? A) $1,680.00 interest; $10,080.00 maturity value B) $1,008.00 interest; $9,408.00 maturity value C) $3,360.00 interest; $11,360.00 maturity value D) $403.20 interest; $8,803.20 maturity value
Mathematics
1 answer:
Svetradugi [14.3K]3 years ago
7 0
<span>Normally when they tell you interest rate they say per annum meaning the percent interest rate for a year.

But in this problem they seem to say John pays 12% for a 146 day loan.

So interest = P * r / 100 = 8400 * 12/100 = $1,008.00
Maturity value = Principal + Interest = 8400 + 1008 = $9,408.00</span>
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Annual insurance is 1,000 face value.
satela [25.4K]

Answer:

The correct answer is A.

Step-by-step explanation:

  • Premium for Company A :

face value = 1.86 , charges are 20% more for smokers

⇒ Charges = 20% of 250000 = $50000

Total charge = Charge × face value

                     = 50000 × 1.86 = $93000

  • Premium for Company B :

face value = 1.86 , charges are 18% more for smokers

⇒ Charges = 18% of 250000 = $45000

Total charge = Charge × face value

                     = 45000 × 1.86 = $83700

  • Premium for Company C :

face value = 2.07 , charges are 25% more for smokers

⇒ Charges = 25% of 250000 = $62500

Total charge = Charge × face value

                     = 62500 × 2.07 = $129375

  • Premium for Company D :

face value = 2.25 , charges are 15% more for smokers

⇒ Charges = 15% of 250000 = $37500

Total charge = Charge × face value

                     = 37500 × 2.25 = $84375

Hence, The option A. is correct that is Aaron is paying the smallest premium possible with company B



8 0
4 years ago
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HELPPP NEED IN THE NEXT 10 MINSSS!!!!
Mice21 [21]

Answer:

15.6

Step-by-step explanation:

the traingle is right so u have to apply the pythagorean theorem to find x so x^2=10^2+12^2=244

so x=15.6

6 0
3 years ago
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14.
ddd [48]

Answer: Yes the win level is greater than 1/2

Step-by-step explanation: 32/52 is greater than 1/2

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3 years ago
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cupoosta [38]
To find the rate, first you divide 180mi/3hr to get 60mph. On the first day they were traveling at a rate of 60mph. It says that on the second day, they drove at the same rate and drove 300 miles. This means you divide 300mi/60mph to get 5hr. They drove 5hr on the second day. And finally, the question asks how long they drove total, so you add 3hr+5hr to get 8hr total.
Answer is 8hr.
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The diameter of a circle is 36 yards. What is the circle's circumference?<br> Use 3.14 for .
Firlakuza [10]
Answer:
113.04

Explanation:
So, the formula is C=pi x d

Once you substitute in the number given the equation is now .. C= pi x 36

36 x 3.14=113.04

Therefore, the circles circumference is 113.04
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