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
bogdanovich [222]
3 years ago
9

Sari Tagore obtains a $1000 loan to purchase a laser printer. Her interest rate is 7% ordinary interest for 108 days.

Mathematics
1 answer:
lys-0071 [83]3 years ago
5 0

Answer: the interest owed is $21

Step-by-step explanation:

The question is incomplete. The complete question is:

Sari Tagore obtains a $1000 loan to purchase a laser printer. Her interest rate is 7% ordinary interest for 108 days. What is the interest owed?

Solution:

When calculating ordinary interest, we assume that a year has 360 days. We would apply the formula for determining simple interest which is expressed as

I = PRT/100

Where

I represents interest paid on the loan

P represents principal or amount borrowed.

R represents interest rate

T represents duration in years

From the information given,

P = 1000

R = 7%

T = 108 days. Converting to years, it becomes 108/360

Therefore

I = (1000 × 7 × 108/360)/100

I = $21

You might be interested in
Select the situation that describes the following expression.<br>co<br>alယ​
Mazyrski [523]

Answer:

what are the things at the end.

Step-by-step explanation:

8 0
3 years ago
Find the quotient of (11 ^ 18)/(11 ^ 3)
astraxan [27]

Answer:

The first choice, 11^{15}.

Step-by-step explanation:

The numerator, 11^{18}, is equivalent to eighteen "11" multiplied together:

11^{18} = \underbrace{11 \times 11 \times 11 \times 11 \times \cdots \times 11 \times 11}_{\text{$18$ in total}}.

On the other hand, the denominator, 11^{3}, is equivalent to three "11" multiplied with one another:

11^{3} = 11 \times 11 \times 11.

Dividing 11^{18} by 11^{3} would eliminate three "11" from the numerator:

\begin{aligned}& \frac{11^{18}}{11^{3}} \\ =\; & \frac{(11 \times 11 \times 11) \times \overbrace{11 \times \cdots \times 11}^{\text{$(18 - 3)$ in total}}}{(11 \times 11 \times 11)} \\ =\; & \overbrace{11 \times \cdots \times 11}^{\text{$15$ in total}} \\ =\; & 11^{15}\end{aligned}.

In general, dividing an expression by y^{b} (y \ne 0) is equivalent to multiplying that expression by y^{-b}.

For example, in this question, dividing 11^{18} by 11^{3} would be equivalent to multiplying 11^{18}\! by 11^{-3}. In other words:

\begin{aligned}& \frac{11^{18}}{11^{3}} \\ =\; & 11^{18} \times 11^{-3} \\ =\; & 11^{18 - 3} \\ =\; & 11^{15}\end{aligned}.

6 0
2 years ago
5836197 to the nearest hundred
Nimfa-mama [501]
5836200 because it's rounded
3 0
3 years ago
Read 2 more answers
I need help what does 19 times 29 give me in total
Olin [163]

Answer:

551

Step-by-step explanation:

6 0
3 years ago
Read 2 more answers
If p = .8 and n = 50, then we can conclude that the sampling distribution of pˆ is approximately a normal distribution
FrozenT [24]

Answer:

Yes we can conclude.

Step-by-step explanation:

The sampling distribution of \hat{p} can be approximated as a Normal Distribution only if:

np and nq are both equal to or greater than 10. i.e.

  • np ≥ 10
  • nq ≥ 10

Both of these conditions must be met in order to approximate the sampling distribution of \hat{p} as Normal Distribution.

From the given data:

n = 50

p = 0.80

q = 1 - p = 1 - 0.80 = 0.20

np = 50(0.80) = 40

nq = 50(0.20) = 10

This  means the conditions that np and nq must be equal to or greater than 10 is being satisfied. So, we can conclude that the sampling distribution of pˆ is approximately a normal distribution

6 0
3 years ago
Other questions:
  • I need this number as an ordinary number
    13·1 answer
  • Pre-orders for the yearbook cost $38 each and full price cost $45 each. If 24 students in Mr. Hillman's class purchased yearbook
    6·1 answer
  • If f(x) = x + 7 and g(x) = 1/x -13, what is the domain of (f O g)(x)
    15·2 answers
  • Three fourths as a decimal
    10·2 answers
  • It costs Guido $0.20 to send a text message from his cell phone. He has already spent $4 in text messages this month. If he has
    13·2 answers
  • Factorise the 2 questions above (c and f)
    12·2 answers
  • Josh is solving the equation 2 % + 2% and predicts that his
    13·2 answers
  • What is the answer to this paper
    5·1 answer
  • (x+y)^2 expressions that are equivalent
    8·1 answer
  • CAN SOMEBODY EXPLAIN HOW TO DO THIS IT'S MY 5TH TIME ASKING AND NOBODY EVEN HELPS ME!
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!