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KATRIN_1 [288]
3 years ago
5

Joyce took out a small loan for $1,200. The interest on the loan was 10.5%, but she paid it off in just 18 months. How much did

she pay back in interest?
Mathematics
1 answer:
jasenka [17]3 years ago
7 0

Answer:

She paid back $192 in interest

Step-by-step explanation:

A = P(1+r)^n

P = $1,200

r = 10.5% = 0.105

n = 18 months = 18/12 = 1.5 years

A = 1,200(1+0.105)^1.5 = 1,200(1.105)^1.5 = 1,200×1.16 = 1,392

Amount = $1,392

Principal = $1,200

Interest = amount - principal = $1,392 - $1,200 = $192

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A software distributor charges \$41$41dollar sign, 41 per license of a particular utility. The distributor offers a 10\%10%10, p
Alchen [17]

Answer:

1558

Step-by-step explanation:

The first 202020 licenses cost full price, which is \$41$41dollar sign, 41 each. Thus, the first 202020 licenses cost a total of \$41 \cdot 20 = \$820$41⋅20=$820dollar sign, 41, dot, 20, equals, dollar sign, 820.

Hint #2

The remaining licenses have a 10\%10%10, percent discount. That means they cost 90\%90%90, percent of the full price. Let's write 90\%90%90, percent in its decimal form, 0.90.90, point, 9, in order to multiply.

\qquad 0.9 \cdot \$41 = \$36.900.9⋅$41=$36.900, point, 9, dot, dollar sign, 41, equals, dollar sign, 36, point, 90

Hint #3

There are 40 - 20 = 2040−20=2040, minus, 20, equals, 20 licenses at the reduced price of \$36.90$36.90dollar sign, 36, point, 90. Thus, the remaining 202020 licenses cost a total of \$36.90 \cdot 20 = \$738$36.90⋅20=$738dollar sign, 36, point, 90, dot, 20, equals, dollar sign, 738.

Hint #4

To find the cost for all 404040 licenses, let's add the costs of the full price and discounted licenses.

\qquad \$820 + \$738 = \$1558$820+$738=$1558dollar sign, 820, plus, dollar sign, 738, equals, dollar sign, 1558

Hint #5

The business would pay \$1558$1558dollar sign, 1558 to buy the licenses.

3 0
3 years ago
Plz it’s for my finals!!
Mrac [35]
Pretty sure it would be D

Good luck on your finals!
3 0
2 years ago
What's the answers to Part A and Part B?​
Westkost [7]

Answer:

there's nothing there

Step-by-step explanation:

4 0
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nlexa [21]

Answer:

65°

Step-by-step explanation:

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Answer: 65°

8 0
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garik1379 [7]

Answer:

$14.49

Step-by-step explanation:

Since the question asked you how much you spent on the meal including the 5% tax and the 15% tip after the tax, it's basically asking you to calculate the percentage of the meal and subtracting it by the amount.

7 0
2 years ago
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