1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
pshichka [43]
3 years ago
14

Jake received a student loan for $12000. He plans on paying off the loan in 5 years, Jake will have paid $3600 in interest. What

is the simple interest rate in the student loan?
Mathematics
1 answer:
vazorg [7]3 years ago
3 0
6%
You want to calculate the interest on $12000 at 6% interest per year after 5 year(s).

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

Where:

P is the principal amount, $12000.00.
r is the interest rate, 6% per year, or in decimal form, 6/100=0.06.
t is the time involved, 5....year(s) time periods.
So, t is 5....year time periods.

To find the simple interest, we multiply 12000 × 0.06 × 5 to get that:

The interest is: $3600.00
You might be interested in
PLEASE LOOK AT THE PHOTO TO ANSWER also please don't guess! I'll mark you as Brainlest! :D​
aleksandr82 [10.1K]

Answer:

the last one

:D

Step-by-step explanation:

6 0
3 years ago
Read 2 more answers
Find a current example of a linear optimization model used in your industry. Describe the industry's needs, including any unique
marishachu [46]

Answer:

Follows are the explanation to the given question:

Step-by-step explanation:

Its determination of inventory amounts for various products. Its demand is an excellent illustration of a dynamic optimization model used in my businesses. Throughout this case, its store has restrictions within this room are limited. There are only 100 bottles of beverages to be sold, for instance, so there is a market restriction that no one can sell upwards of 50 plastic cups, 30 power beverages, and 40 nutritional cokes. Throughout this situation, these goods, even the maximum quantity supplied is 30, 18, and 28. The profit for each unit is $1, $1.4, and $0.8, etc. With each form of soft drink to also be calculated, a linear extra value is thus necessary.

5 0
3 years ago
Students were packed shoulder to shoulder in a gym for a pep rally. The students were in a rectangular shaped area of 7,500 ft2.
hram777 [196]

Answer: 1527

Step-by-step explanation:

Total Area = 7500 ft^2

Area covered by one student = Area of one circle

                                                   = π*r^2

r = radius of circle = 2.5/2 = 1.25 ft

Area covered by one student = π*1.25^2 = 4.91 ft^2

Number of students who can fit into total area = Total Area/Area covered by one student

Number of students who can fit into total area = 7500/4.91 = 1527.49

Hence the answer is 1527 students

7 0
2 years ago
Mrs. Whatsit spends a lot of time sleeping. Last week she spent 159,547 seconds sleeping. This week she slept some more. If she
gulaghasi [49]

Answer:

142,853

Step-by-step explanation:

Subtract.

302400

- 159547

_______

142853

4 0
3 years ago
Read 2 more answers
For a class project, students collect data about the ages of the male students (a) and their heights in inches (h). There was a
otez555 [7]
Since the equation, <span>h=1.6a+41, is linear, we know that the coefficient of x, or in this case a, is the slope. Therefore the correct answer would be

</span><span>The model predicts that for each year older a male student is, he is about 1.6 inches taller.</span>
8 0
3 years ago
Read 2 more answers
Other questions:
  • Is 5/4 greater than , less than , or equal to the square root of 2
    7·1 answer
  • Soren has 2 jobs. During the day, he works as an office clerk. In the evening, he works as a cashier. His office job pays him $1
    14·2 answers
  • In 2015 there 18 members of mathletes. This year we have 44 members . Find the percent of change .
    13·1 answer
  • What is the range of the function?
    9·1 answer
  • 6) A climber is on a hike. After 2 hours she is at an altitude of 400 feet. After 6 hours, she is at an
    13·1 answer
  • A grocery store has bananas on sale for 2 pounds for $1.50. What is the cost of 6 pounds of bananas?
    9·2 answers
  • A grocer purchased 200 eggs at rs.9each. 20 of them were broken and he/she sold the rest at rs.9.50 each.Find his /her profit or
    13·1 answer
  • I need help and how you got that answer
    9·1 answer
  • Your cousin's age is the cube of your little sister's age. If your
    7·1 answer
  • (7 + 7i)(2 − 2i)
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!