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Anestetic [448]
3 years ago
8

What interest will u pay on a 2,200 loan for 1 year if the interest is 12%

Mathematics
1 answer:
IrinaK [193]3 years ago
6 0

Answer:

Total Interest: 145.61

Step-by-step explanation:

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I evaluated the arguments supporting the

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different meanings as societal values

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decision.

I evaluated the arguments supporting the

decision.

I included background knowledge.

I recognized that the Constitution takes on

different meanings as societal values

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Step-by-step explanation:

6 0
2 years ago
Use the periodic compound interest formula to solve.
77julia77 [94]

Answer:

$15,539.67

Step-by-step explanation:

Compound Interest Formula

\large \text{$ \sf A=P\left(1+\frac{r}{n}\right)^{nt} $}

where:

  • A = final amount
  • P = principal amount
  • r = interest rate (in decimal form)
  • n = number of times interest applied per time period
  • t = number of time periods elapsed

Given:

  • P = $11,000
  • r = 5.8% = 0.058
  • n = 4 (quarterly)
  • t = 6 years

Substitute the given values into the formula and solve for A:

\implies \sf A=11000\left(1+\frac{0.058}{4}\right)^{(4 \times 6)}

\implies \sf A=11000(1.0145)^{24}

\implies \sf A=15539.67451...

Therefore, the value of the investment after 6 years will be $15,539.67 to the nearest cent.

3 0
2 years ago
Solve the system of linear equations by elimination.<br><br> 4x−3y=8<br> 5x−2y=−11
AleksandrR [38]

Answer:

(-7, -12)

Step-by-step explanation:

4x-3y=8

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Is there any of the like terms can be added and the result will be 0? No, so we have to multiple one OR both of the equations to make that one number do that.

(I will try to remove the y like terms so i will multiple both of them by the opposite so both of the ys will be 6)

2(4x-3y=8)

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(now the easy part… cancel the 6s and add the equations)

8x+(-15x)=-7x

16+33=49

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(divide 49 by -7)

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Replace x in any of the equations and you’ll get the y value.

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Answer:

Is this the answer 95.2185

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