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3 years ago

If you borrow $5,000 to remodel a home at 5% interest rate, what is the principal?

Mathematics

2 answers:

Elena L [17]3 years ago

5 0

Answer:

The principal would be $ 5000.

Step-by-step explanation:

Since, the principal is the initial amount of a loan or we can say that the borrowed amount is called principal amount of a loan,

Given,

$5,000 was borrowed to remodel a home at 5% interest rate,

Thus, the borrowed amount = $ 5000

⇒ Principal amount = $ 5000

Hence, first option is correct.

Wewaii [24]3 years ago

3 0

you would end up paying $4,750

but the answer is A) $5000

mark brainliest please it would help alot

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3 years ago

1. What is the value of the y variable in the solution to the following system of equations?

ollegr [7]

Part 1)

we have

$3x-6y=3$ ------> equation A

$7x-5y=-11$ ------> equation B

Multiply by $-7$ the equation A

$-7(3x-6y)=-7*3$

$-21x+42y=-21$ ------> equation C

Multiply by $3$ the equation B

$3*(7x-5y)=-11*3$

$21x-15y=-33$ -------> equation D

Adds equation C and equation D

$-21x+42y=-21 \\21x-15y=-33\\---------- \\ 42y-15y=-21-33\\27y=-54 \\ y=-2$

therefore

the answer Part 1) is the option A

$y=-2$

Part 2)

we have

$3x+y=6$

$y=-3x+6$ ------> equation A

$6x+2y=8$

Simplify Divide by $2$ both sides

$3x+y=4$

$y=-3x+4$ ------> equation B

the lines A and B are parallel lines, because the slope m is equal

The system has no solution

therefore

the answer Part 2) is the option D

There is no x value as there is no solution to the system.

Part 3)

we have

$4x+2y=6$ ------> equation A

$x-y=3$

$y=x-3$ ------> equation B

substitute equation B in equation A

$4x+2[x-3]=6$

$6x-6=6$

$6x=12$

$x=2$

therefore

the answer part 3) is the option D

$x=2$

Part 4)

Let

x---------> The number of one-step equations

y---------> The number of two-step equations

we know that

$x+y=1,120$

$x=1,120-y$ -------> equation A

$3x-2y=1,300$ ------> equation B

substitute equation A in equation B

$3[1,120-y]-2y=1,300$

$3,360-5y=1,300$

$5y=3,360-1,300$

$5y=2,060$

$y=412$

therefore

the answer part 4) is the option D

$y=412$

8 0

2 years ago

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