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3 years ago

Find the simple interest on a $340 loan at a 15% annual interest rate for 1 year

Mathematics

2 answers:

Crank3 years ago

4 0

Answer:

$51.

Step-by-step explanation:

Interest I = PRT/100 where P = amount of the loan , R = rate and T = the times in years.

I = 340 * 15 * 1 / 100

= 5100/100

= $51.

Yanka [14]3 years ago

3 0

Answer:

$51

Step-by-step explanation:

You want to calculate the interest on $340 at 15% interest per year after 1 year(s).

The formula we'll use for this is the simple interest formula, or:

P= I × r × t

Where...

P equals the principal amount, which is $340.00.

r equals the interest rate, which in this case is 15% per year, or as a decimal, 15/100=0.15.

t equals time involved, which is 1 year.

To find the simple interest, we multiply 340 × 0.15 × 1 to get that the interest is $51.00

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Which equations represent the line that is perpendicular to the line 5x − 2y = −6 and passes through the point (5, −4)? Select t

Pepsi [2]

Answer:

Step-by-step explanation:

Two lines are perpendicular if the first line has a slope of $m$ and the second line has a slope of $\frac{1}{-m}$ .

With this information, we first need to figure out what the slope of the line is that we're given, and then we can determine what the slope of the line we're trying to find is:

$5x - 2y = -6$

$-2y = -5x - 6$

$y = \frac{5}{2}x + 3$

We now know that $m = \frac{5}{2}$ for the first line, which means that the slope of the second line is $m = \frac{-2}{5}$ . With this, we have the following equation for our new line: