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ryzh [129]
3 years ago
11

a bank charges a simple interest of 3.5% on a loan of $5000 to be paid back over a period of 3 years. How much will the borrower

pay in total after three years of paying the required amount?
Mathematics
1 answer:
user100 [1]3 years ago
6 0

Answer: The monthly payments for a $5,000 loan would $146.51.

Step-by-step explanation: How it looks in the TVM Solver formula:

N = 36 ( 3 (years) x 12 (monthly payments) )

I% = 3.5%

PV = $5,000

PMT = 146.51 (or 146.08 if you choose BEGIN)

FV = 0

P/Y = 12 (months)

C/Y = (12 (months)

PMT: <u>END</u> | BEGIN

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The number of tourists at the beach per weekend in July was 55,000, In November, the number of tourists per weekend was 18,000.
Ganezh [65]

Answer:

The percentage change from July to November is 67.27 %

Step-by-step explanation:

Given as :

The number of tourists at the beach per weekend in the month of July = x_1 = 55,000

The number of tourists at the beach per weekend in the month of November = x_2 = 18,000

Let the percentage change from July to November = A %

Or,  % decrease change = \dfrac{\tetxtrm new value - \textrm old value}{\textrm old value} × 100

So , A % = \dfrac{\tetxtrm [tex]x_2   - \textrm  x_1 }{\textrm  x_1 }[/tex] × 100

or, A % = \frac{55000 - 18000}{55000} × 100

Or, A % = \frac{37000}{55000} × 100

Or, A  = 67.27 %

So percentage change between two months = 67.27 %

Hence The percentage change from July to November is 67.27 % Answer

6 0
3 years ago
If u answer this, ill give you 15
Gennadij [26K]
There are 10 portions to the circle, and 7 of the 10 are shaded. 7/10 is 70%
6 0
3 years ago
Read 2 more answers
What is the product when you multiply (x2 + 2x - 5) and (x + 3) please answer asap
frozen [14]
Is that supposed to be x squared, or x times 2 in the beginning of the first one?
4 0
2 years ago
A rectangle has a length that is 7 inches less that twice it's width. The area of the rectangle is 72 square inches. Write an eq
Nitella [24]

Answer: 2x^2-7x=72 , where  x= width of the rectangle ( in inches).

Step-by-step explanation:

Let x= width of the rectangle ( in inches).

Then its length =  2x-7 ( in inches).

Area of rectangle = Length × width

= (2x-7) × (x)

= 2x × x -7 ×x

= 2x²-7x

The area of the rectangle is 72 square inches.

\Rightarrow\ 2x^2-7x=72

Hence, the equation that represents the given situation :

2x^2-7x=72

7 0
3 years ago
PLZ HELP I WILL MARK AS BRAINLIEST
-Dominant- [34]

Answer:

  7 square units

Step-by-step explanation:

As with many geometry problems, there are several ways you can work this.

Label the lower left  and lower right vertices of the rectangle points W and E, respectively. You can subtract the areas of triangles WSR and EQR from the area of trapezoid WSQE to find the area of triangle QRS.

The applicable formulas are ...

  area of a trapezoid: A = (1/2)(b1 +b2)h

  area of a triangle: A = (1/2)bh

So, our areas are ...

  AQRS = AWSQE - AWSR - AEQR

  = (1/2)(WS +EQ)WE -(1/2)(WS)(WR) -(1/2)(EQ)(ER)

Factoring out 1/2, we have ...

  = (1/2)((2+5)·4 -2·2 -5·2)

  = (1/2)(28 -4 -10) = 7 . . . . square units

4 0
3 years ago
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